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

November 10, 2020 00:58:59
Episode Cover

Read_461 - When Bitcoin Melts The System, Prosperity Steps In [Thibaud Marechal]

"The logical construct behind the dissection of today’s evils is actually very simple: money is broken; fix the money, fix the world." - Thibaud...

Listen

Episode

January 30, 2019 01:02:42
Episode Cover

GuysTake_008 - The Lightning of my TCP, or How the Internet is Too Complex to Work

A follow-up to our previous episode "#Reckless to Wumbology" discussing the incredible development and new tools coming to the Lightning Network. As well as...

Listen

Episode

December 15, 2022 01:02:39
Episode Cover

Read_684 - How the IMF and World Bank Repress Poor Countries, Part 2 [Alex Gladstein]

"To give an example of what this might look like in a given year, in 2012 developing countries received $1.3 trillion, including all income,...

Listen