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The Political Economy and Feasibility of Bitcoin and Cryptocurrencies - Insights from the History of Economic Thought... The Political Economy and Feasibility of Bitcoin and Cryptocurrencies - Insights from the History of Economic Thought (Hardcover)
Spencer J. Pack
R2,907 Discovery Miles 29 070 Ships in 12 - 17 working days

In The Political Economy and Feasibility of Bitcoin and Cryptocurrencies Spencer J. Pack brings his authority as a scholar and advisor to this study of bitcoin and cryptocurrencies from the perspective of the history of economic thought. Major theorists analyzed in depth include Aristotle, Smith, Law, Marx, Keynes, Rothbard and Hayek, and the book draws extensively upon the ideas of Schumpeter, Galbraith and Sraffa. The book argues for reconceptualization of the basic microeconomic categories into rental, sale and financial asset prices along with a reconsideration of Keynes' general theory to his special theory and Rothbard's relationship to Rousseau. The author posits that intense theoretical and practical struggles will continue over who should control the quantity of money, the cause of the capitalist economy's instability, and who or what is more dangerous: concentrated centers of private wealth and private enterprises or the contemporary state. He concludes that in terms of the quality of money, the cryptocurrency community is probably correct, with new forms of money potentially being better than sovereign fiat currency. The book's relevance will appeal to members of the history of economic thought community, economic theorists, and political science and political theory scholars as well as to policy makers and members of the cryptocurrency community.

Aristotle, Adam Smith and Karl Marx - On Some Fundamental Issues in 21st Century Political Economy (Hardcover): Spencer J. Pack Aristotle, Adam Smith and Karl Marx - On Some Fundamental Issues in 21st Century Political Economy (Hardcover)
Spencer J. Pack
R3,268 Discovery Miles 32 680 Ships in 12 - 17 working days

Spencer Pack compares and contrasts Aristotle?s, Smith?s and Marx?s theoretical systems on six fundamental issues: exchange value, money, capital, character, government, and change. This book also provides insights on issues concerning the continuing development of world money, saving, managerial capitalism, corrupt governments, and various secular and religious movements for social change.

Capitalism as a Moral System - Adam Smith's Critique of the Free Market Economy (Paperback): Spencer J. Pack Capitalism as a Moral System - Adam Smith's Critique of the Free Market Economy (Paperback)
Spencer J. Pack
R810 Discovery Miles 8 100 Out of stock

This powerful and thoroughly documented book overturns many long-held beliefs about Adam Smith. Spencer Pack demonstrates that contrary to popular myth, Adam Smith was not a dogmatic defender of laissez-faire capitalism and neither was he in favour of regressive taxation. The book stresses for the first time the many qualms and problems - indeed the profound ambiguity - which Adam Smith felt toward the capitalist system.

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