Economic Possibilities for Our Grandchildren, 75 Years after: A Global Perspective
Lorenzo Pecchi and Gustavo Piga (eds.), Revisiting Keynes – Economics Possibilities for Our Grandchildren. MIT Press.
In the heart of the Great Crisis, amidst great uncertainty and concerns surrounding the
future of capitalism, John Maynard Keynes launched his optimistic prophecy that growth
and technological change would allow mankind to solve its economic problem within a
century. He envisioned a world where people would work much less and be less oppressed
by the satisfaction of material needs. To what extent have his predictions turned out to be
accurate? This essays attempts to provide some answers.