Debunking Economics and Why Bitcoin Will Fail With Steve Keen

In this episode, I talk with economist Steve Keen, author of Debunking Economics and Can We Avoid Another Financial Crisis. We discuss the inherent flaws in capitalism and why Steve believes that Bitcoin will fail.

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*****

“One of the great weaknesses of the human species is we have this belief of a perfect world.”
— Steve Keen

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.

Видео Debunking Economics and Why Bitcoin Will Fail With Steve Keen канала What Bitcoin Did