Rethinking Macroeconomic Policy and Economic Theory
1. Auflage 2017,
248 Seiten, Kartoniert, Paperback, Format (B × H): 161 mm x 237 mm, Gewicht: 4161 g
Verlag: Springer, Berlin
Bheemaiah The Blockchain Alternative
While the book does discuss technologies and methods that are primed for our future, a number of references are made to economic history and the works of great thinkers from a different era. You’ll see how the blockchain can be used to deploy solutions that were devised in the past, but which can serve as the antidote to our current economic malaises. You'll discover that what is required today is not an adaptation of the old theories, but a new methodology that is suited to this new era. Without undertaking such an endeavor, one will always be burdened with a definition of capitalism that is out of kilter with the evolution of our digital humanity.
What would this mean to monetary and fiscal policy, market structure and our current understanding of economics? More importantly would we need to change our current understanding of capitalism? And if we were to change our perceptions, what would the future version look like? This book answers these questions, and analyses some of the most pertinent issues of our generation.
What You’ll Learn
- Examine fractional banking, debt, and the financialization of assets
- Gain a firm understanding of the “too big to fail” theory, smart contracts, and Fintech
- Review economics and agent-based modelling
- Use the blockchain and complexity economics to rethink economics and capitalistic systems
Who This Book Is For
The primary audience is bankers and other finance professionals, policy makers, and students of finance and economics. The secondary audience is anyone seeking a deeper understanding of the current financial system, the blockchain, and the future of capitalism.
Praise for The Blockchain Alternative
“…a bold and pioneering effort to make sense of how emerging digital technologies might be used to reshape public policies, including macroeconomic and social policies, in basic ways. Everyone interested in this very important emerging question should read this book."
- Dr. Sanjay G. Reddy, Associate Professor of Economics at The New School for Social Research and Research Associate of the Initiative for Policy Dialogue at Columbia University.
“Writing on blockchain today is analogous to writing about the internet, before it became massively distributed. The book pushes us to think about the quantum leap that this technology may infer to our capitalist model, if scaled at the pace described by the book. Written with the support of strong empirical models but also with an open mind towards the future, this is a must read for anyone interested in becoming part of the new economic infrastructure”
- Dr. Mark Esposito, Harvard University’s Division of Continuing Education & Judge Business School, University of Cambridge
“With a rigorously balanced dosage of versatility and rationale we are allured into a multifaceted trajectory across ingrained yet functionally arcane economic models, only to plunge into a conceptually revolutionary realm which irreversibly stimulates us into envisaging a fascinating novel scheme of world order”.
- Ioana Surpateanu, Political Adviser to the European Parliament
“If there is only one book that I am reading on how blockchain is going to change our lives, it will have to be "The Blockchain Alternative."
- Dr. Terence Tse, Associate Professor of Finance, ESCP Europe Business School