Capitalism, Life

Without a Dread

In 1930, the economist John Maynard Keynes predicted that technological change and productivity improvements would eventually lead to a 15 hour workweek. Yet he was also concerned that people would not know how to use all that extra free time.

Capitalism, Politics

We Want Jobs

People want jobs rather than handouts. People have their pride. The problem is that machines are slowly but relentlessly getting better at many of the tasks that make up jobs. And neither of the two big American political parties seems to know what to do.