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

July 30, 2025 00:49:36
Episode Cover

Read_894 - The parental dead end of consent morality

"A myopic focus on personal freedom — the nights out, the "me time", the money saved — is a spiritual mirage: You think you...

Listen

Episode

March 02, 2021 00:51:39
Episode Cover

Read_500 - Decentralization, Why Dumb Networks are Better [Andreas Antonopolous]

"The Internet’s protocol (transmission control protocol/Internet protocol, or TCP/IP) doesn’t offer “services.” It doesn’t make decisions about content. It doesn’t distinguish between photos and...

Listen

Episode

January 17, 2019 00:39:11
Episode Cover

CryptoQuikRead_203 - Dont Trust, Verify, A Bitcoin Private Case Study [CoinMetrics]

An amazing piece of work from the Coinmetrics.io team using the full node data and some serious digging to uncover the fraudulent minting of...

Listen