Qut: What won the day was a continuation of the adho system of informal american global money and floating fia currencies. But now operated by the semi depoliticized, technocratic rule of experts in formally independent central banks. Did this new order deliver, at least in part, what ne liberals wanted? qut: It takes quite a while for this picture to emerge. And so it takes that's no one with a blueprint who acty kind of wins the day and implements what thy're doing.
Episode two of our two-part series on cryptocurrency: political theorist Stefan Eich on how crypto fits into Hayek's old neoliberal dream of private money and why that vision emerged in a new form in the wake of the 2008 financial crisis.
Read Stefan's article: static1.squarespace.com/static/5ae8a7b625bf02c0b85aec02/t/5c923c13eef1a1ce843836ff/1553087508427/Stefan+Eich%2C+Old+Utopias%2C+New+Tax+Havens+%282019%29.pdf
Support The Dig at Patreon.com/TheDig
Check out We're Not Here to Entertain: Punk Rock, Ronald Reagan, and the Real Culture War of 1980s America by Kevin Mattson global.oup.com/academic/product/were-not-here-to-entertain-9780190908232