Optimism in the Midst of a Crisis: Keynes’s Legacy — Yaroslav Lissovoli

Summary:
Perhaps the current crisis will contribute to transformation of the world economic benchmarks towards the prioritisation of the development of “human capital”, particularly healthcare and education, writes Yaroslav Lissovolik, Programme Director of the Valdai Discussion Club. John Maynard Keynes’s optimism and legacy give us reason for hope, not only regarding the possibility to overcome the crisis and increase consumer welfare, but also regarding the possible transformation of the “moral code” of the development of the world economy....Russia, Keynes, Socialism (snark).Oh, and Keynes's wife was Russian.This is a good post, about Economic Possibilities for our Grandchildren.Valdai Club (Russia)Optimism in the Midst of a Crisis: Keynes’s LegacyYaroslav Lissovolik, Programme Director of the

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