{"product_id":"revisiting-keynes-economic-possibilities-for-our-grandchildren-paperback","title":"Revisiting Keynes: Economic Possibilities for Our Grandchildren - Paperback","description":"\u003cdiv\u003e\u003cp style=\"text-align: right;\"\u003e\u003ca href=\"https:\/\/reportcopyrightinfringement.com\/\" target=\"_blank\" rel=\"nofollow\"\u003e\u003cb\u003eReport copyright infringement\u003c\/b\u003e\u003c\/a\u003e\u003c\/p\u003e\u003c\/div\u003e\u003cp\u003eby \u003cb\u003eLorenzo Pecchi\u003c\/b\u003e (Editor), \u003cb\u003eGustavo Piga\u003c\/b\u003e (Editor)\u003c\/p\u003e\u003cp\u003e\u003cb\u003eLeading economists revisit a provocative essay by John Maynard Keynes, debating Keynes's vision of growth, inequality, work, leisure, entrepreneurship, consumerism, and the search for happiness in the twenty-first century.\u003c\/b\u003e\u003c\/p\u003e\u003cp\u003eIn 1931 distinguished economist John Maynard Keynes published a short essay, \"Economic Possibilities for Our Grandchildren,\" in his collection \u003ci\u003eEssays in Persuasion\u003c\/i\u003e. In the essay, he expressed optimism for the economic future despite the doldrums of the post-World War I years and the onset of the Great Depression. Keynes imagined that by 2030 the standard of living would be dramatically higher; people, liberated from want (and without the desire to consume for the sake of consumption), would work no more than fifteen hours a week, devoting the rest of their time to leisure and culture. In \u003ci\u003eRevisiting Keynes\u003c\/i\u003e, leading contemporary economists consider what Keynes got right in his essay--the rise in the standard of living, for example--and what he got wrong--such as a shortened work week and consumer satiation. In so doing, they raise challenging questions about the world economy and contemporary lifestyles in the twenty-first century.\u003c\/p\u003e\u003cp\u003eThe contributors--among them, four Nobel laureates in economics--point out that although Keynes correctly predicted economic growth, he neglected the problems of distribution and inequality. Keynes overestimated the desire of people to stop working and underestimated the pleasures and rewards of work--perhaps basing his idea of \"economic bliss\" on the life of the English gentleman or the ideals of his Bloomsbury group friends. In\u003ci\u003e Revisiting Keynes\u003c\/i\u003e, Keynes's short essay--usually seen as a minor divertissement compared to his other more influential works--becomes the catalyst for a lively debate among some of today's top economists about economic growth, inequality, wealth, work, leisure, culture, and consumerism.\u003c\/p\u003e\u003cp\u003e\u003cb\u003eContributors\u003cbr\u003e\u003c\/b\u003eWilliam J. Baumol, Leonardo Becchetti, Gary S. Becker, Michele Boldrin, Jean-Paul Fitoussi, Robert H. Frank, Richard B. Freeman, Benjamin M. Friedman, Axel Leijonhufvud, David K. Levine, Lee E. Ohanian, Edmund S. Phelps, Luis Rayo, Robert Solow, Joseph E. Stiglitz, Fabrizio Zilibotti\u003c\/p\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003eLorenzo Pecchi is Managing Director at UniCredit Markets and Investment Banking Division and Adjunct Professor at the University of Rome Tor Vergata. \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003eGustavo Piga is Professor of Economics at the University of Rome Tor Vergata. \u003cp\u003e\u003c\/p\u003eJoseph Stiglitz, a 2001 Nobel Laureate, is University Professor at Columbia University. \u003cp\u003e\u003c\/p\u003eRobert M. Solow is Institute Professor of Economics. \u003cp\u003e\u003c\/p\u003eEdmund S. Phelps is McVickar Professor of Political Economy at Columbia University and founder of Columbia's Center on Capitalism and Society. He was the 2006 Nobel Laureate in Economics. \u003cp\u003e\u003c\/p\u003eBenjamin M. Friedman is William Joseph Maier Professor of Political Economy at Harvard University and the author of \u003ci\u003eThe Moral Consequences of Economic Growth\u003c\/i\u003e. \u003cp\u003e\u003c\/p\u003eDavid K. Levine is John H. Biggs Distinguished Professor of Economics at Washington University, St. Louis. \u003cp\u003e\u003c\/p\u003eWilliam J. Baumol is Professor of Economics at New York University and Director of the university's C. V. Starr Center for Applied Economics.\n            \u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 232\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 0.42 x 9.12 x 6.06 IN\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e August 13, 2010\u003c\/div\u003e\n            ","brand":"Books by splitShops","offers":[{"title":"Default Title","offer_id":53575910064435,"sku":"9780262515115","price":72.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/s3xxpj-vy.myshopify.com\/products\/revisiting-keynes-economic-possibilities-for-our-grandchildren-paperback","provider":"The Celestial Starlit Phoenix ","version":"1.0","type":"link"}