The Economic Prospects of Our Grandchildren

Lord Keynes, the great economist, wrote a paper called The Economic Prospects of Our Grandchildren. He said our grandchildren will have the capability of working this much fewer hours and living well. I don't think it's wrong in spirit but he was not taking to account the vast populations outside the first world. We could support a very comfortable life for a lot of people as opposed to a kind of grotesquely rich life for a few people with hard work and impoverishment for many others. It gets harder because it was easy at first. It's disturbing in terms of its social ramifications I guess.