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Thursday, March 26, 2020

THE POLITICAL ECONOMY OF A WORLD WITHOUT WORK AND POLITICAL ECONOMY OF DEVELOPMENT/UNDERDEVELOPMENT..



By A.L. Hidalgo, Steven Mruma and  Daniel W. Drezner
Daniel W. Drezner is a professor of international politics at the Fletcher School of Law and Diplomacy at Tufts University and a regular contributor to Post Everything.

I had sufficient amounts of leisure time to read Derek Thompson’s long read in the Atlantic about “A World Without Work” — which I suppose helps to partially validate Thompson’s hypothesis. The article suggests that John Maynard Keynes’s prediction made in 1930 that in the span of a century, “the economic problem may be solved, or be at least within sight of solution, within a hundred years.”
Keynes elaborated on the effect this could have: