There are two main theories of macro economics - Austrian and Keynesian. Austrian economics developed in the late 1800's Austria while Keynesian economics was developed in the environment of the 1930's Great Depression.
I believe that it's pretty indisputable that the majority of the countries of the world operate under what amounts to Keynesian economics. I believe that these policies are what are bringing us to the brink of a Global Depression.
In today's episode I give an overview of the two economic theories, a bit of history and the major differences between them.
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Podcasting 2.0 Apps available at http://newpodcastapps.com/ and Value4Value information page available here: https://value4value.info/
I can be reached by email at mcintosh@gen-btc.com and on twitter at @McIntoshFinTech. My mastodon handle is @mcintosh@podcastindex.social. I'm also on matrix at @mcintosh1775:matrix.org. Looking forward to hearing from you!
Website
Music Credits
Rock Guitar Intro 07 by TaigaSoundProd
Link: https://filmmusic.io/song/8342-rock-guitar-intro-07
License: https://filmmusic.io/standard-license
Funky Life by WinnieTheMoog
Link: https://filmmusic.io/song/6040-funky-life
License: https://filmmusic.io/standard-license
Website
Podcasting 2.0 Apps available at http://podcastapps.com and Value4Value information page available here: https://value4value.info
I can be reached by email at mcintosh@gen-btc.com and on Twitter at @McIntoshFinTech. My mastodon handle is @mcintosh@podcastindex.social. Looking forward to hearing from you!
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