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the players know that it is the Old Maid which is circulating, or that when the music stops some of the players will find themselves unseated." 3M Keynes [Keynes 1936] The following is a brief review of current research and emerging ideas within the field of liquidity. This section is something of a
s across the third world. In comparison, the future population density of the whole world assuming 10 billion population, and excluding the land in Antarctica, would be 74 people/km', or less than half of the EEC during 1986-1989. But clearly not all the world's land is fertile. So for the sake of argumen
ods is largely automated, as are many services. What’s left for humans to do? In 1930—long before the advent of computers, let alone AI—John Maynard Keynes wrote, in an essay called “Economic Possibilities for our Grandchildren,” that as a result of improvements in productivity, society could produce all
species. If we’re going to be taken over at some point, it will be by some of Earth’s oldest life-forms, like bacteria, which can live anywhere from Antarctica to deep- sea thermal vents hotter than boiling water, or in acid environments that would melt you and me. So when people ask where we’re headed, we n
ods is largely automated, as are many services. What’s left for humans to do? In 1930—long before the advent of computers, let alone AI—John Maynard Keynes wrote, in an essay called “Economic Possibilities for our Grandchildren,” that as a result of improvements in productivity, society could produce all
species. If we’re going to be taken over at some point, it will be by some of Earth’s oldest life-forms, like bacteria, which can live anywhere from Antarctica to deep- sea thermal vents hotter than boiling water, or in acid environments that would melt you and me. So when people ask where we’re headed, we n
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