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

June 10, 2025 00:58:09
Episode Cover

Chat_134 - Bitcoin Stream Test #162 [Meme Factory™]

"A year and a half ago, two years, bitcoin was still a joke. Bitcoin was still something that was very hard for someone legitimate...

Listen

Episode

June 26, 2025 01:01:16
Episode Cover

Read_888 - The Cypherpunk Banking Stack is Coming

The future of banking and payments will be run on old laptops and built by rebels. But really. As inspiration from Callebtc's announcement of...

Listen

Episode

August 20, 2020 00:23:25
Episode Cover

Read_431 - True Names Not Required [Gigi]

"We need to be able to disassociate from our identities to protect ourselves. We need the freedom to selectively reveal ourselves. We need the...

Listen