Democracy and the 15 Hour Week
British economist John Maynard Keynes predicted in an essay, Economic Possibilities for our Grandchildren (1930), that by 2030 our grandchildren would be working a 15 hour week, due to the power of compound interest and to technological advances. Keynsian economics gradually gained acceptance during the 1930s, then revolutionized global government economic policy in the aftermath […]
Tags: 15 hour week, ABC Fact check, Australia Institute Centre for Future Work, Australian Bureau of Statistics, Australian Hospitals and Healthcare Association, Brexit, CHOICE, Consumers Health Forum of Australia, Global Financial Crisis (GFC), John Maynard Keynes, Keynsian economics, Monetarism, National Rural Health Alliance., neoliberalism, Productivity Commission, Public Health Association of Australia, Trump
