Business Today

Simplistic Solutions

Universal well being will not be easy to achieve in spite of the Dutch historian's persuasive vision and bold thinking.

Much of what the British economist John Maynard Keynes had predicted turned out to be true. But there are always exceptions to the rule.

In 1930, Keynes wrote an essay titled Economic Possibilities for Our Grandchildren. And the main point he made there was: In the years to come, people would enjoy a life full of leisure and their working hours would come down. Keynes said that in 2030, individuals

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