John Quiggin in Aeon:
I first became an economist in the early 1970s, at a time when revolutionary change still seemed like an imminent possibility and when utopian ideas were everywhere, exemplified by the Situationist slogan of 1968: ‘Be realistic. Demand the impossible.’ Preferring to think in terms of the possible I was much influenced by an essay called ‘Economic Possibilities for our Grandchildren,’ written in 1930 by John Maynard Keynes, the great economist whose ideas still dominated economic policymaking at the time.
Like the rest of Keynes’s work, the essay ceased to be discussed very much during the decades of free-market liberalism that led up to the global financial crisis of 2007 and the ensuing depression, through which most of the developed world is still struggling. And, also like the rest of Keynes’s work, this essay has enjoyed a revival of interest in recent years, promoted most notably by the Keynes biographer Robert Skidelsky and his son Edward.
The Skidelskys have revived Keynes’s case for leisure, in the sense of time free to use as we please, as opposed to idleness. As they point out, their argument draws on a tradition that goes back to the ancients. But Keynes offered something quite new: the idea that leisure could be an option for all, not merely for an aristocratic minority.
More here.