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

October 09, 2023 01:20:03
Episode Cover

FEATURING AI Unchained #008 - Ecash and Ai with Obi Nwosu

Obi Nwosu, co-founder and CEO of Fedi, joins us today to talk about the new innovations and challenges in decentralising the web and how...

Listen

Episode

August 17, 2023 00:49:49
Episode Cover

Read_756 - Bitcoin, The Trust Anchor in a Sea of Blockchains [Jameson Lopp]

"While bitcoin is still mainly seen as digital currency, it’s essentially a timestamped log with special properties. As such, it can be utilised for...

Listen

Episode

February 26, 2020 00:28:24
Episode Cover

CryptoQuikRead_358 - The Blockchain is Exhaust [Udi Wertheimer]

Is the blockchain a critical tool that creates the power behind Bitcoin, or is it a wasteful and unavoidable byproduct, an exhaust, of the...

Listen