CONVERSABLE ECONOMIST: Macaulay on Economic Progress, 100 Years Before Keynes


He wrote: “We are suffering, not from the rheumatics of old age, but from the growing-pains of over-rapid changes, from the painfulness of readjustment between one economic period and another.” He added: “I would predict that the standard of life in progressive countries one hundred years hence will be between four and eight times as high as it is to-day. There would be nothing surprising in this even in the light of our present knowledge. It would not be foolish to contemplate the possibility of afar greater progress still.”

via CONVERSABLE ECONOMIST: Macaulay on Economic Progress, 100 Years Before Keynes

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News: Sued over non-payment, Wipro seeks jury trial — People Matters


“Advantage failed to pay wages and salaries due to employees that were retained by Advantage as required by the agreement between Wipro and Advantage causing Wipro to have to pay wages and salaries that were the obligation of Advantage,” is Wipro’s stance in their filing.

via News: Sued over non-payment, Wipro seeks jury trial — People Matters