The Big Ideas Project

Have a Big Idea?

Have every one of your leaders read the seminal essay by John Maynard Keynes, 1930:"Economic Possibilities for Our Grandchildren", readily available online and known by all economists. We are in the midst of the change that he foresaw and the big idea is to make the transition as smooth as possible.

Submitted by Sidney in Economy & Jobs Dec. 17, 2014, 12:52 p.m.

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Sidney

From the essay (read it): Now for my conclusion, which you will find, I think, to become more and more startling to the imagination the longer you think about it. I draw the conclusion that, assuming no important wars and no important increase in population, the economic problem may be solved, or be at least within sight of solution, within a hundred years. This means that the economic problem is not-if we look into the future-the permanent problem of the human race. Why, you may ask, is this so startling? It is startling because-if, instead of looking into the future, we look into the past-we find that the economic problem, the struggle for subsistence, always has been hitherto the primary, most pressing problem of the human race-not only of the human race, but of the whole of the biological kingdom from the beginnings of life in its most primitive forms.

Dec. 17, 2014, 1:41 p.m.

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