John Maynard Keynes

John Maynard Keynes 1930

We are being afflicted with a new disease of which some readers may not yet have heard the name, but of which they will hear a great deal in the years to come—namely technological unemployment. This means unemployment due to our discovery of means of economizing the use of labor outrunning the pace at which we find new uses of labor.

John Maynard Keynes, 1930