Tuesday, March 5, 2019

Full-Time Employment in the Age of Automation

Full-Time Employment in the Age of Automation

Back in 1930, the economist John Maynard Keynes wrote a short essay, “Economic Possibilities for our Grandchildren,” in which he predicted that in a hundred years the 15-hour work week will be commonplace. Keynes made this assertion based on two factors: first, the increase in capital due to extraordinary yields from the compound interest that […]

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