Understanding the blockchain economy : an introduction to institutional cryptoeconomics / Chris Berg, Sinclair Davidson, Jason Potts.

Format:

Book

Author/Creator:

Berg, Chris (Research fellow), author.

Series:

New horizons in institutional and evolutionary economics

Language:

English

Subjects (All):

Blockchains (Databases).

Cryptocurrencies.

Physical Description:

xi, 203 pages ; 24 cm.

Place of Publication:

Cheltenham, UK : Edward Elgar Publishing, [2019]

Summary:

Offering the first scholarly analysis of the blockchain economy, this timely book explores the future of global capitalism. Applying the institutional economics of Ronald Coase and Oliver Williamson, the authors highlight how blockchains are poised to reshape the nature of firms, governments, markets and civil society. Chapters apply basic economic principles to explore blockchains and distributed ledger technologies through the framework of institutional economics. The book suggests ways in which cryptocurrencies such as Bitcoin may develop into a barter economy which removes the need for a third person in economic transactions. Outlining a ledger-centric view of the economy, the authors explore how blockchains and dehierarchalisation might reduce the demand for government regulation in this neoliberal age. Institutional economists and scholars will appreciate the thorough analysis of cryptoeconomics and the future of blockchains that this book offers. Computer and technology scientists will also find this book to be a valuable read.--Adapted from back cover.

Contents:

Introduction

The institutional economics of blockchain

The universal turing institution

The microfoundations of ledgers

Money, dequity, and the barter economy of the future

Supply chains and identity

The V-form organisation and the future of the firm

Public policy in a blockchain era

Capitalism after Satoshi

Conclusion.

ISBN:

1788974999

9781788974998

OCLC:

1090279050