👓 Picking nits is part of the good life | Jeremy Cherfas

I started writing this back in November 2013, and put it aside until I had read the Skidelskys' book. I haven't finished yet, but ...

How strange to hear J.M. Keynes himself on the radio, telling us in his clipped tones how in 100 years time we would be eight times richer than we were then, how we would work a 15-hour week, how "Human beings would be more like the 'lilies of the field, who toil not, neither do they spin'." A little extract of Keynes talking about his essay Economic Possiblities for our Grandchildren, written in 1930, ended Laurie Taylor's interview with Robert Skidelsky on Thinking Allowed.

I skate around economics; I'm fascinated by it, although I have no formal training, and I do see how the allocation of scarce resources is the great problem of life. I also feel, as a biologist, that so much of what passes for sound economics is astonishingly naive, no matter how complex it may seem. Bad-mouthing Malthus, for example, just seems fundamentally stupid to me. Skidelsky, as befits a biographer of Keynes, was talking about the idea of enough, rehearsing ideas from his book How Much is Enough?: Money and the good life, co-written with his son Edward Skidelsky.