[COLOR=rgba(0, 0, 0, 0.8)]We are suffering just now from a bad attack of economic pessimism. It is common to hear people say that the epoch of enormous economic progress which characterized the 19th century is over; that the rapid improvement in the standard of life is now going to slow down — at any rate in Great Britain; that a decline in prosperity is more likely than an improvement in the decade which lies ahead of us.[/COLOR]
[COLOR=rgba(0, 0, 0, 0.8)]I believe that this is a wildly mistaken interpretation of what is happening to us. We are suffering, not from the rheumatics of old age, but from the growing-pains of over-rapid changes, from the painfulness of readjustment between one economic period and another…”[/COLOR]
[COLOR=rgba(0, 0, 0, 0.8)]John Maynard Keynes, Economic Possibilities for our Grandchildren (1930)
https://medium.com/@peteleyden/https...0a3#.4joij0uqd[/COLOR]
[COLOR=rgba(0, 0, 0, 0.8)]I believe that this is a wildly mistaken interpretation of what is happening to us. We are suffering, not from the rheumatics of old age, but from the growing-pains of over-rapid changes, from the painfulness of readjustment between one economic period and another…”[/COLOR]
[COLOR=rgba(0, 0, 0, 0.8)]John Maynard Keynes, Economic Possibilities for our Grandchildren (1930)
https://medium.com/@peteleyden/https...0a3#.4joij0uqd[/COLOR]