In 1930 the good economist Keynes predicted that, over the subsequent century, revenue would rise steadily, individuals’s primary wants could be met and nobody must work greater than fifteen hours per week. Why was he incorrect?
Robert and Edward Skidelsky argue that wealth will not be – or shouldn’t be – an finish in itself, however a way to ‘the great life’. Tracing the idea from Aristotle to the current, they present how far fashionable life has strayed from that ideally suited. They reject the concept that there’s any single measure of human progress, whether or not GDP or ‘happiness’, and as an alternative describe the seven components which, they argue, make up the great life, and the insurance policies that might understand them.
ROBERT SKIDELSKY is Emeritus Professor of Political Economic system on the College of Warwick. His biography of Keynes acquired quite a few prizes, together with the Lionel Gelber Prize and the Council on International Relations Prize for Worldwide Relations. He was made a life peer in 1991, and a Fellow of the British Academy in 1994.
EDWARD SKIDELSKY is a lecturer within the Philosophy Division of the College of Exeter. He contributes frequently to the New Statesman, Spectator and Prospect. His earlier books embrace The Circumstances of Goodness and Ernst Cassirer: The Final Thinker of Tradition.
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