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”Economic Possibilities for Our Grandchildren” 75 Years after: A Global Perspective

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Author Info
Fabrizio Zilibotti

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Abstract

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.

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Publisher Info
Paper provided by Institute for Empirical Research in Economics - IEW in its series IEW - Working Papers with number iewwp344.

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Date of creation: Dec 2007
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Handle: RePEc:zur:iewwpx:344

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Related research
Keywords: Capitalism; Consumption; Environmental Sustainability; Growth; Keynes; Leisure.;

Find related papers by JEL classification:
B31 - Schools of Economic Thought and Methodology - - History of Thought: Individuals - - - Individuals
E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian
E66 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General Outlook and Conditions
I31 - Health, Education, and Welfare - - Welfare and Poverty - - - General Welfare
J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply

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This page was last updated on 2009-10-22.

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