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Philalethes's avatar

Keynes may have thought that in a hundred years’ time mankind - or, rather, peoples in Western countries- would have solved the problem of scarcity and could devote themselves to higher pursuits (Economic Possibilities for Our Grandchildren). However, it is clear that for himself and his friends he thought that only inherently costly things (because of Baumol’s cost disease) would do:

It is important, therefore, that we should live in rooms and on chairs built to our measure by the most skilled upholsterers.

Not to mention the servants that should attend to these rarefied interiors.

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vohl's avatar

In high school art class I was told to envision the living room I would want to have in my own house. Then we were to draw it and paint the colors. Subsequently I have carried out this theme with a few variations in six successive homes over a 70 year period and been very happy in all of them - and creative, too. Fortunately "mid-century modern" furniture has remained in style, George Nelson, Eames, etc. Before anything can happen it must be created in the imagination.

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