Keynes and the Long Period: The Economic Possibilities for Our Grandchildren

Alberto Pozzolo and Antonella Rancan

QA - Rivista dell'Associazione Rossi-Doria, 2010, issue 1

Abstract: This paper draws comparisons between the articles collected in a recent volume edited by Pecchi and Piga dealing with Keynes’s long period considerations set out in the essay Economic possibilities for our grandchildren. Comments concentrate on two of Keynes’s principal forecasts, improvement in the tenor of life and solution of the economic problem, offering an alternative interpretation focusing on their utopian rather than analytic characteristics. In this connection, comparison is made between the thesis Keynes set out in the General Theory and the argumentation pursued by the post-Keynesian school of economists.

Keywords: Keynes; Long run; Growth (search for similar items in EconPapers)
JEL-codes: B22 E20 (search for similar items in EconPapers)
Date: 2010
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