Keynes would be disappointed by the way we work | Letters

In his comparison between 1936 and 2016 (A view from 1936: what Keynes would say now, 12 December), Larry Elliott omits to mention one of the major differences, and one that JM Keynes would surely have noticed as he speculated on its implications - namely the enormous increase in the productive power of labour and of the economy.

Our priority should be to help people reduce their working hours (whether over a lifetime or weekly or daily) so that they can enjoy the leisure their productive capacity allows; today most people are still wage slaves, indeed more so than ever in the richest countries.

Related: Keynesian economics: is it time for the theory to rise from the dead?

The illusion has been created that higher house prices represent an increase in real national wealth

Related: Oh for the 1960s! People earned less but could afford more