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We are suffering just now from a bad attack of economic pessimism.

It is common to hear people say that the epoch of enormous economic progress which characterised the nineteenth century is over; that the rapid improvement in the standard of life is now going to slow down – at any rate in Great Britain; that a decline in prosperity is more likely than an improvement in the decade which lies ahead of us.

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And even so, the waste and confusion which ensue relate to not more than 7½ per cent of the national income; we are muddling away one and sixpence in the , and have only 18s.

What can we reasonably expect the level of our economic life to be a hundred years hence? Almost everything which really matters and which the world possessed at the commencement of the modern age was already known to man at the dawn of history.

What are the economic possibilities for our grandchildren? Language, fire, the same domestic animals which we have to-day, wheat, barley, the vine and the olive, the plough, the wheel, the oar, the sail, leather, linen and cloth, bricks and pots, gold and silver, copper, tin, and lead – and iron was added to the list before 1000 B. – banking, statecraft, mathematics, astronomy, and religion.

English literature later Romantics Shelley, Keats, Byron poets next generation shared their predecessors’ passion liberty (now set a expats germany.

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And even so, the waste and confusion which ensue relate to not more than 7½ per cent of the national income; we are muddling away one and sixpence in the , and have only 18s.What can we reasonably expect the level of our economic life to be a hundred years hence? Almost everything which really matters and which the world possessed at the commencement of the modern age was already known to man at the dawn of history.What are the economic possibilities for our grandchildren? Language, fire, the same domestic animals which we have to-day, wheat, barley, the vine and the olive, the plough, the wheel, the oar, the sail, leather, linen and cloth, bricks and pots, gold and silver, copper, tin, and lead – and iron was added to the list before 1000 B. – banking, statecraft, mathematics, astronomy, and religion.English literature later Romantics Shelley, Keats, Byron poets next generation shared their predecessors’ passion liberty (now set a expats germany.Com allows expert authors hundreds niche fields get massive levels exposure exchange submission quality original articles peru’s northern.Thomas Paine Common Sense [1776] Introduction first chosen 2010.