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Showing posts with the label “James Graham”

Back to Keynes for ‘the good life’

There is a new play in London’s West End at the moment. It’s called  The Standard of Living by James Graham . The play is about the famous British economist John Maynard Keynes . Graham thinks that Keynes offers an alternative to our money-making profit-led society.  “I’m absolutely convinced of that. You always feel that you have to fight for it but most people from my post-industrial working class community accept the intellectual argument that he  (Keynes)  made all those years ago; that [there should be] subsidy on something that doesn’t instantly make direct profit back, a painting, a play, a ballet, a song, that doesn’t have a value that is easily quantified on an Excel spreadsheet but adds to the value of a nation and to the meaning and happiness of it.” But unfortunately, we live in a world where ‘money, purchases and success’ dominate. Indeed, seats for Graham’s play are going for up to £298 (or nearly $400) – although there are some for the under-30s at ju...