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

Fabrizio Zilibotti ()

No iewwp344, IEW - Working Papers from Institute for Empirical Research in Economics - IEW

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.

Keywords: Capitalism; Consumption; Environmental Sustainability; Growth; Keynes; Leisure. (search for similar items in EconPapers)
JEL-codes: B31 E12 E66 I31 J22 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-env, nep-his, nep-hpe, nep-mac and nep-pke
Date: 2007-12

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