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What would Keynes think? : Comments
By Steven Schwartz, published 10/1/2024It would be fair to say that Keynes, who saw money as a means to a more fulfilling life, would find our current era disconcerting, a culture of means without ends.
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When Keynes was in his pomp, global population was 2b, now it is 8b, and still rising by 75-80m a year. How is "low growth" a problem?
As for Australia, crazy-high population growth (north of 2%) is the problem, not at all "low growth". Over 2022-24, Albanese-induced immigration is expected to top 885,000. This will smash the Rudd record by about 60%