Post
Topic
Board Bitcoin Discussion
Re: "Why bitcoin sucks" (An Ironic Piece from Keynesian perspective)
by
datz
on 11/05/2013, 11:49:54 UTC
I dont see how anyone would think that keynesianism has been useful. And more importantly economics is supposed to be a science, so it should be correct not useful and keynesianism has been proven false again and again.

I tried having a debate with some keynesians who were claiming Bitcoin would not succed because keynesianism and they could not handle it, so I extend the offer to you. But by debate I dontmean an internet slogan-catchy phrases ridiculous back and forth, I mean an honest exchange of ideas.

I concur. Keynesianism implies perfect logic of the market and therefore individuals in a given market.

Real markets cannot be predicted by or shaped by Keynesian economics in any specific fashion.

We need a new form of economics for the modern age.