Employment

By Robert Shiller

Lydia Lopokova, wife of the economist John Maynard Keynes, was a famous ballerina. She was also a Russian émigré. Thus Keynes knew from the experience of his in-laws the horrors of living in the worst of socialist economies. But he also knew first-hand the great difficulties that come from unregulated, unfettered capitalism. He lived through the British depression of the 1920s and 1930s. Thus Keynes was inspired to find a middle way for modern economies.

The Future of Capitalism

The free-market model that dominated thinking for 30 years has been discredited. Where to now? Join the debate here and follow the series in full at www.ft.com/capitalism

This blog is no longer updated but this site remains open as an archive.

FT Blogs