maynard keynes

maynard keynes

Keynes's Mistaken Prediction

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Lord Robert Skidelsky, who wrote a three-volume, award-winning biography of John Maynard Keynes, said the great economist was mistaken when he predicted, in 1930, a 15-hour work week due to "technological unemployment" or automation. June 12, 2012. For video, audio, and transcript, go to: http://www.carnegiecouncil.org/resources/multimedia/20120612/index.html