We are suffering just now from a bad attack of economic pessimism. It is common to hear people say that the epoch of enormous econoimic progress … is over; that … a deline is prosperity is more likely than an improvement.
The economist John Maynard Keynes wrote these words in a 1930 essay called “The Economic Possibilities of our Grandchildren” and I have been thinking about them quite a lot recently in the context of the wine industry. Keynes was writing in the depths of the Great Depression. ...
Published on February 14, 2023 01:01