CryptoQuikRead_272 - Keynesian Errors on Time and Demand [Ben Kaufman]

July 23, 2019 • 01:02:52
CryptoQuikRead_272 - Keynesian Errors on Time and Demand [Ben Kaufman]
Bitcoin Audible
CryptoQuikRead_272 - Keynesian Errors on Time and Demand [Ben Kaufman]

Jul 23 2019 | 01:02:52

/

Hosted By

Guy Swann

Show Notes

What if there was a single, fundamental flaw in Keynesian economic theory that could shed light on the major imbalances and debts that have resulted from our monetary system? Does "spending" and consumption of resources truly make us wealthier? Ben Kaufman lays out the argument for how "Time" is the missing piece in the failed Keynesian puzzle.

Drop some applause on the original article at the link below, and don't forget to check out and follow Ben for his future work:
https://medium.com/@ben_kaufman/keynesian-errors-on-time-and-demand-80eeae2c7110
https://twitter.com/_benkaufman

I also mentioned in the show a comic book that excellently explains the process of economic growth, spending, and savings. If you haven't read it, its not to be missed:
http://themisescircle.org/blog/2012/11/06/how-an-economy-grows-and-why-it-doesnt/

Another big thanks to our sponsor eToro! Setup your account and start using their platform in just a few minutes at the link below: http://go.thoughtleaders.io/1195620190723 

--- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Other Episodes

Episode

May 08, 2026 • 00:25:47
Episode Cover

Read_943 - The Fabric of Desires

"It is not markets that made money possible. It is collectibles, which we now call money, that make markets possible." ~ Nick Szabo What...

Listen

Episode

January 20, 2024 • 01:03:11
Episode Cover

Guy's Take_079 - BITCOIN IS NOT MONEY

"I hope Bitcoin sticks around and grows more popular, but in its current form to most in #TradFi it is the opposite of SOUND...

Listen

Episode

January 15, 2026 • 02:31:28
Episode Cover

Chat_157 - It's Time to Walk the Walk with Roy Sheinfeld

"Bitcoin needs to be exciting because it provides a utility that no other technology provides. The value transfer technology needs to be embedded in...

Listen