Debunking Economics and Why Bitcoin Will Fail With Steve Keen
Mr Obnoxious - Un pódcast de Peter McCormack
Categorías:
Interview location: Skype
Interview date: Monday 29th October
Project: Debunking Economics
Steve Keen is challenging modern economic theory which led us into the 2008 crisis. With his two books: Debunking Economics and Can We Avoid Another Financial Crisis, Steve outlines the inherent flaws in the capitalist system which are required to make them work.
Bitcoin is often praised by proponents of Austrian Economics, but Steve believes that Bitcoin will fail due to flaws in the protocol design. In this interview I talk to Steve about why the 2008 financial crisis happens, the flaws in the current capitalist model and what Steve like and dislikes about cryptocurrencies.
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Helpful Links:
Connect with Steve:
- On Twitter @ProfSteveKeen
- On Wikipedia
- On YouTube
- On Patreon
- His Blog
Steve’s Books:
- Debunking Economics: The Naked Emperor Dethroned?
- Can We Avoid Another Financial Crisis? (The Future of Capitalism)
Steve’s Work:
- Finance and economic breakdown:modeling Minsky's "financialinstability hypothesis"
- Keen, Roubini and Baker win Revere Award for Economics
Other Work:
- The Trouble With Macroeconomics - Paul Romer
- System dynamics program with additional features for economics - Minsky
- The Financial Instability Hypothesis - Minsky
Mentioned in the show:
- Complexity Theory in Economics
- Financial crisis of 2007–2008
- Great Depression
- Great Moderation
- Hyman Minsky
- Why Can't You Afford a Home? (The Future of Capitalism) - Josh Ryan-Collins
Other relevant WBD podcasts:
- WBD036: The Threat of Fractional Reserve Bitcoin from Wall Street with Saifedean Ammous & Caitlin Long
- WBD032: Tuur Demeester on the Looming Debt Crisis and Central Banks for Bitcoin
- WBE028: Bitcoin Maximalism with Pierre Rochard
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