Read the essay, linked below

Subject:EconomicsPrice: Bought3

Share With

Read the essay, linked below.

1. Revisiting Keynes: Economic Possibilities for our Grandchildren Links to an external site..

2. Next, choose a different chapter from within Revisiting Keynes: Economic Possibilities for Our Grandchildren Links to an external site.,that interests you. Consider what current economists say about Keynes' vision. Cite the segments that catch your attention and back up your argument to the questions below.

Questions to Answer:

• What did Keynes assume about the relationship between income and demand? How is that not a correct assumption?
• Do you think it will ever be possible for employees to work for only 15 hours a week?  Why or why not?
• What is the income level that would cause you to start working less?