In 2015 there was a very interesting event in the US – the Jackson Hole Summit, which ran concurrently with the Federal Reserve meeting at Jackson Hole. There were good talks from speakers from around the world, including politicians, academics, analysts from the Council on Foreign Relations among other think tanks and businesspeople.
I gave the speech on crypto and how blockchain will bring about an evolution of finance. As blockchain now goes mainstream and hedge funds, governments and investment platforms are all integrating cryptoassets as part of their portfolios it is worth noting that private money has been a topic within Austrian School thinking for several decades – and to a certain extent since the late nineteenth century. Errors are being made in policy-making with respect to crypto which could be obviated by policy-makers taking more note of the Austrian School and its understanding of the nature of money.
