What would Keynes do?

An essay is presented on economic trends and the capitalist system in the 21st century. The author cites the forecasts of 20th-century economist John Maynard Keynes concerning how industrialized economies would change given rapid technological innovation and discusses the impact of advances in infor...

Full description

Bibliographic Details
Published in:	New Statesman Vol. 143; no. 5213; pp. 30 - 35
Main Author:	Mason, Paul
Format:	Essay
Published:	New Statesman Ltd. 6/6/2014
Subjects:	Keynes, John Maynard, 1883-1946 Romer, Paul M., 1955- Piketty, Thomas, 1971- Capitalism Income inequality Employment Economic conditions of developed countries Information technology & economics Twenty-first century
Online Access:	View this record in EBSCOhost

Description
Summary:	An essay is presented on economic trends and the capitalist system in the 21st century. The author cites the forecasts of 20th-century economist John Maynard Keynes concerning how industrialized economies would change given rapid technological innovation and discusses the impact of advances in information technology on the economy in areas including income distribution, employment, and nonmarket transactions. Economists Thomas Piketty and Paul Romer are cited.