#replacement
“Mankind is solving its economic problem. I would predict that the standard of life in progressive countries one hundred years hence will be between four and eight times as high as it is to-day,” wrote John Maynard Keynes, one of the most influential economists ever, in a 1930 essay entitled “Economic Possibilities for our Grandchildren”. Indeed, after the Second World War, the West entered a golden age of economic growth. But this was not Keynes’ boldest claim. Writing at the…
