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The Latest Breaking News from John Maynard Keynes

The AI productivity paradox: More work, not less

AI is making workers dramatically more efficient. But companies are simply piling on more work. Here's what's actually happening behind the scenes.

Fortune

Citadel Securities demolishes viral AI doomsday essay, arguing the real ‘Global Intelligence Crisis’ is ignorance of macro fundamentals

So you’re spooked by a viral essay. How about, I don’t know, looking at the data?

Fortune

The bogus four-day workweek that AI supposedly ‘frees up’

Business leaders tout AI as a path to shorter weeks and better balance. But without power, workers are unlikely to share the gains

The Guardian - US

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AI will save us time. The real question is what we’ll do with it

Economist John Maynard Keynes predicted technology would one day free humanity from a life of leisure. Nearly a century later, AI might finally fulfill that prophecy—if we resist the temptation to waste the hours it gives us back.

Fortune

‘Intelligence too cheap to meter’ is AI’s next frontier, Sam Altman says

“There are cases where entire classes of jobs will go away,” Altman said on a panel at the Federal Reserve, while predicting “entirely new classes of jobs that will come.”

Fortune

Again and again, we are shocked by the treatment of learning-disabled people. Yet we never learn from the past

A landmark book exposes the history of loathing that underpins scandals like Winterbourne View. It has received next to no attention, says Guardian columnist John Harris

The Guardian - UK

Can drinking champagne reduce your risk of sudden cardiac arrest? Here’s why it’s only a small part of the story

“My only regret in life is that I didn’t drink enough champagne,” the English economist and philosopher John Maynard Keynes (1883–1946) is reported to have said. As it turns out, there may be a surprising ounce of truth to that quote.

The Conversation

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‘Evict the Charleston Scroungers’: row in Lewes over the Bloomsbury group’s legacy

A debate is raging over the future of a council building used for art exhibitions as public services in the Sussex town are squeezed

The Guardian - UK

‘A very camp environment’: why Alan Turing fatefully told police he was gay

Ubiquity of then-illegal relations at King’s College, Cambridge, explains puzzling 1952 admission, says scholar

The Guardian - UK

If Britain must rearm, how to pay for it? Stiffen the sinews; summon up the taxes

It will fall to Rachel Reeves and the Treasury to fund the PM’s crisis reset. I can help with that, as can John Maynard Keynes, writes Guardian columnist Polly Toynbee

The Guardian - UK

The Guardian view on Labour arts policy: time to make history again

Editorial: Sixty years ago this week, Jennie Lee launched Britain’s first culture white paper. Lisa Nandy must pick up the baton

The Guardian - UK

Animal spirits: Labour want to unleash them – but what do they actually mean?

The term has Keynesian roots and was explored in a 2009 book. Problem is, it can mean very different things to different people ...

The Guardian - UK

A 32-hour week? It could work for Congress, staff say - Roll Call

Progressive staffers are floating “a rotating 32-hour workweek for District and D.C. staff,” asking bosses to give it a shot.

Roll Call

Jamie Dimon says the next generation of employees will work 3.5 days a week and live to 100 years old

Jamie Dimon, CEO of JPMorgan Chase, says AI will enable people to work 3.5-day weeks in future.

Fortune

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LiveScience

'It might pave the way for novel forms of artistic expression': Generative AI isn't a threat to artists — it's an opportunity to redefine art itself

Rather than fearing the rise of generative AI, new technologies may allow creatives to define and express themselves in completely new ways.

Evening Standard

OPINION - Keir Starmer's prosperity plan for Britain is lacking some vital ingredients

Labour has read its John Maynard Keynes. It unleashed the “animal spirits” of a possible economic bounceback at its first investment summit yesterday, with an upbeat Keir Starmer pledging to “improve Britain’s brand” and promising a land of opportunity for global investors — and some “heritage Yookay“ experience thrown in…

The Guardian - UK

Money by David McWilliams review – the story of cold hard cash

An economist explains how money shaped civilisation from 18,000BC to the present day via King Midas and Darwin

The Guardian - UK

The Guardian view on Keynesian naivety: workers must be able to bargain for a fair share

Editorial: As the TUC annual conference begins, new figures from the UN show why productivity growth doesn’t naturally benefit everyone

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The Guardian - UK

The cynical spectre of Osbornomics is haunting the Labour party

Emergency cuts, empty pockets, a ‘maxed-out credit card’: why is Rachel Reeves using the language and logic of austerity, asks Guardian columnist Aditya Chakrabortty

The Conversation

Flunkies, goons and managerial feudalism: why David Graeber’s Bullshit Jobs is the book that keeps on giving

Our cultural touchstones series looks at influential books.

The National (Scotland)

'Utterly unjustifiable': Economist reacts to Rachel Reeves speech

It looked as if Rachel Reeves had taken drama lessons to put on a show of sufficient mock anger in the Commons today. She clearly wanted to blame…

The Guardian - UK

We were promised a 15-hour working week. What’s the hold-up?

More UK companies are about to trial a four-day week, and all employees could soon get the right to switch off. It’s still just baby steps, writes Emma Beddington

The Conversation

Bretton Woods: bloodied, battered but still a huge international achievement 80 years on

In July 1944, with war still raging in Europe and the Pacific, 730 delegates from 44 countries gathered at the Mount Washington, a grand hotel built at the turn of the century in New Hampshire. They were on the edge of a little town called Carroll, surrounded by a national…

The Guardian - UK

Peter Riach obituary

Other lives: Prominent Australian economist who settled in the UK to found the economics department at De Montfort University, Leicester

The Conversation

The Federal Union: how a group of 1940s economists dreamt of a European Union for the working classes

On the eve of the Second World War, three Oxbridge graduates joined forces in London and wrote a pamphlet calling for the union of Britain with other democracies to avert the coming conflict. They sent the short pamphlet, titled “Federal Union”, to more than 500 opinion-makers in Britain. The warm…

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