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Would Keynes have bought Bitcoin?

By John Hawkins, Senior Lecturer, Canberra School of Politics, Economics and Society and NATSEM, University of Canberra
Selwyn Cornish, Adjunct Associate Professor, Research School of Economics, Australian National University

As a young investor, the founder of modern macroeconomics John Maynard Keynes might well have bought Bitcoin. The older Keynes would not have. It’s instructive to examine why.

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