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What’s the Story?
A discovery engine for meaningful knowledge, fueled by cross-disciplinary curiosity.
A Brain Pickings project edited by Maria Popova in partnership with Noodle.
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economy
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The Grand Experiment has begun. If it works–if expenditure on armaments really does cure unemployment–I predict that we shall never go back all the way to the old state of affairs. Good may come out of evil. We may learn a trick or two, which will come in useful when the day of peace comes.
Legendary economist John Maynard Keynes explains the cure to high unemployment in his own voice, 1939 – a follow-up to his classic 1930 essay envisioning a better future for humanity in 2030.
We shall once more value ends above means and prefer the good to the useful. We shall honour those who can teach us how to pluck the hour and the day virtuously and well, the delightful people who are capable of taking direct enjoyment in things, the lilies of the field who toil not, neither do they spin.
To those who sweat for their daily bread leisure is a longed-for sweet — until they get it.
The strenuous purposeful money-makers may carry all of us along with them into the lap of economic abundance. But it will be those peoples, who can keep alive, and cultivate into a fuller perfection, the art of life itself and do not sell themselves for the means of life, who will be able to enjoy the abundance when it comes.
Economic Possibilities for Our Grandchildren – in 1930, iconic economist John Maynard Keynes penned a hopeful vision for post-Occupy humanity

Amazing animated infographic uses the Olympic rings to look at global inequality, from population to homicides to number of billionaires –  a fine example of how to tell stories with data.

The economic history of the major world powers in the last 2,000 years, in a single graph.

The economic history of the major world powers in the last 2,000 years, in a single graph.

Artist Luke Jerram used graphs of the New York Stock Exchange (Composite 2004-2012) and the Dow Jones (Industrial Average 1980-2012) to create these mesmerizing glass sculptures that “contemplate the meaning of the current global financial crisis and are a method for capturing and crystalizing important periods of time in the economy.”

Jerram has previously stunned with his glass microbiology and his guerrilla street pianos project.

A 12-year-old Victoria Grant’s exquisite critique of the banking system, concluding with a proposed solution. She’s speaking about Canada, but the gist applies to just about any industrialized nation. 

( Dangerous Minds)