Blockchain Economics & The Origins of Innovation

Prof. Jason Potts is a Distinguished Professor of Economics at RMIT University and Co-director of the Blockchain Innovation Hub at RMIT in Melbourne Australia.

In our conversation we cover:

• The economy as a complex adaptive system
• Why capitalism is a misnomer, and instead, the economic system in which we live might be better characterised as an institutional market society for the growth of knowledge.
• We explore why innovation actually begins before the creative entrepreneur in what's called an innovation commons.
• and, of course, what will likely become a defining technology in this decade and those to come: blockchain. Jason explains why this will be the base layer for the emerging digital economy and why NFTs, non-fungible tokens, are the start of a new age of experimentation in property rights.

If you've had any hesitancy or misgiving about blockchain technology in the past, Jason will likely change your mind.

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Links to things discussed

• Jason's Twitter
• RMIT Blockchain Hub
• The Origin of Wealth
• The Entrepreneurial State
• The General Theory of Economic Evolution
• The Culture of Growth
• Mint and Burn Podcast