Andrew Barnes

How the Flexible Work Revolution Can Increase Productivity, Profitability and Wellbeing, and Help Create a Sustainable Future

4 Day Week

In The 4 Day Week, entrepreneur and business innovator Andrew Barnes makes the case for the four-day week as the answer to many of the ills of the 21st-century global economy. Barnes conducted an experiment in his own business, the New Zealand trust company Perpetual Guardian, and asked his staff to design a four-day week that would permit them to meet their existing productivity requirements on the same salary but with a 20% cut in work hours. The outcomes of this trial, which no business leader had previously attempted on these terms, were stunning. People were happier and healthier, more engaged in their personal lives, and more focused and productive in the office. The world of work has seen a dramatic shift in recent times: the former security and benefits associated with permanent employment are being displaced by the less stable gig economy. Barnes explains the dangers of a focus on flexibility at the expense of hard-won worker protections, and argues that with the four-day week, we can have the best of all worlds: optimal productivity, work-life balance, worker benefits and, at long last, a solution to pervasive economic inequities such as the gender pay gap and lack of diversity in business and governance. The 4 Day Week is a practical, how-to guide for business leaders and employees alike that is applicable to nearly every industry. Using qualitative and quantitative data from research gathered through the Perpetual Guardian trial and other sources by the University of Auckland and Auckland University of Technology, the book presents a step-by-step approach to preparing businesses for productivity-focused flexibility, from the necessary cultural conditions to the often complex legislative considerations. The story of Perpetual Guardian's unprecedented work experiment has made headlines around the world and stormed social media, reaching a global audience in more than seventy countries. A mix of trenchant analysis, personal observation and actionable advice, The 4 Day Week is an essential guide for leaders and workers seeking to make a change for the better in their work world.

How the Flexible Work Revolution Can Increase Productivity, Profitability and Well-being, and Create a Sustainable Future

The 4 Day Week

Yaniv Hanoch

Thomas Rice

The field of behavioural economics can tell us a great deal about cognitive bias and unconscious decision-making, challenging the orthodox economic model whereby consumers make rational and informed choices. But it is in the arena of health that it perhaps offers individuals and governments the most value. In this important new book, the most pernicious health issues we face today are examined through a behavioral economic lens. It provides an essential and timely overview of how this growing field of study can reframe and offer solutions to some of the biggest health issues of our age. The book opens with an overview of the core theoretical concepts, after which each chapter assesses how behavioral economic research and practice can inform public policy across a range of health issues. Including chapters on tobacco, alcohol and drug use, physical activity, dietary intake, cancer screening and sexual health, the book integrates the key insights from the field to both developed and developing nations. Also asking important ethical questions around paternalism and informed choice, this book will be essential reading for students and researchers across psychology, economics and business and management, as well as public health professionals wishing for a concise overview of the role behavioral economics can potentially play in allowing people to live healthier lives.

Key Concepts and Current Research

Behavioral Economics and Healthy Behaviors

During and after the breakdown of the Soviet Union, a wide range of competitors fought to build new political and economic empires by wresting control over resources from the state and from each other. In the only book to examine the evolution of Russian property ownership in both industry and agriculture, Andrew Barnes uses interviews, archival research, and firsthand observation to document how a new generation of capitalists gained control over key pieces of the Russian economy by acquiring debt-ridden factories and farms once owned by the state. He argues that although the Russian government made policies that affected how actors battled one another, it could never rein in the most destructive aspects of the struggle for property. Barnes shows that dividing the spoils of the Soviet economy involved far more than the experiment with voucher privatization or the scandalous behavior of a few Moscow-based "oligarchs." In Russia, the control of property yielded benefits beyond mere profits, and these high stakes fueled an intense, enduring, and profound conflict over real assets. This fierce competition empowered the Russian executive branch at the expense of the legislature, dramatically strengthened managers in relation to workers, created a broad array of business conglomerates, and fundamentally shaped regional politics, not only blurring the line between government and business but often erasing it.

Andrew Barnes

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