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

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  • Fabrizio Zilibotti

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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Bibliographic Info

Paper provided by Institute for Empirical Research in Economics - University of Zurich in its series IEW - Working Papers with number 344.

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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.;

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Cited by:
  1. Christian Schubert, 2009. "Welfare Creation and Destruction in a Schumpeterian World," Papers on Economics and Evolution 2009-14, Max Planck Institute of Economics, Evolutionary Economics Group.

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