Abundant Housing?

In 1930 Keynes forecast that today we would be living lives of leisure, with little need to work.

Why was he so wrong? He was right about the scale of progress over 85 years. What did he miss? Here’s what he said:

Thus for the first time since…

Breve reflexão sobre ortodoxos e heterodoxos da teoria econômica ontem e hoje — Por Marcello Bolzan (IDEG)

Obs.: O texto abaixo não é um artigo propriamente. É, novamente, uma série de comentários escritos pelo Prof. Dr. Marcello Bolzan (IDEG), buscando…

A Warsh-Spence Smackdown from 78 Years Ago…

The effects of either a rise of liquidity preference or (with a minus sign) of expansionary open-market operations like quantitative easing:

John Maynard Keynes (1937): The General Theory of Employment: “The quantity of money…

John Maynard Keynes (1937): The General Theory of Employment: Today’s Economic History

John Maynard Keynes (1937): The General Theory of Employment: “There are passages which suggest that Professor Viner is thinking too much…

Mass Effects in Modern Life, Winston Churchill Speech 1925

Something to think about as we attempt to find a new leader of the Free World

Today’s Economic History: Agricultural Development in Jiangnan, 1620–1850

The extremely-sharp Kenneth Pomeranz reviews Li Bozhang. It is another point for the coal-empire-metalworking view of the causes of the British Industrial Revolution, and against mentalité- or political…