A Letter to the Grandchildren

References

1. Keynes, J. M. (1930). Economic possibilities for our grandchildren. The Nation and Athenaeum, 11 and 18 October 1930; reprinted in Essays in Persuasion (1931). Quoted from the text as reproduced in Keynes, J. M. (1963), Essays in Persuasion, New York: W. W. Norton, pp. 358–373, read at econ.yale.edu/smith/econ116a/keynes1.pdf (fetched 19 October 2026). Hyphenation as in that reproduction.
2. Robbins, L. (1932). An Essay on the Nature and Significance of Economic Science. London: Macmillan, first edition, p. 15; preface dated February 1932. Read from the Mises Institute scan of the first edition. The definition states a method; it cannot show whether the scarcity it assumes is material or designed in any given case, which is the question this book asks.
3. Huberman, M., & Minns, C. (2007). The times they are not changin': Days and hours of work in Old and New Worlds, 1870–2000. Explorations in Economic History, 44(4), 538–567. https://doi.org/10.1016/j.eeh.2007.03.002
4. Ohanian, L. E. (2008). Back to the future with Keynes. In L. Pecchi & G. Piga (Eds.), Revisiting Keynes (MIT Press), p. 107. One economist's reading of the long growth record; the range of 1.4 to 2.1 percent is his summary across industrialised countries and cannot speak for any one country or household.