The Economics of Cryptocurrencies

Cryptocurrencies have had a profound effect on financial markets worldwide. This edited book aims to explore the economic implications of the use of cryptocurrencies. Drawing from chapter contributors from around the world, the book will be a valuable resource on the economics of cryptocurrencies. The intended audience is composed of academics, corporate leaders, entrepreneurs, government leaders, consultants and policy makers worldwide.

Over the past few years, the topic of cryptocurrencies has gained global attention and has been the subject of discussion in various news media, in policy-making bodies and government entities, and in financial institutions, classrooms and boardrooms. Despite widespread interest, much remains unknown on what the economic implications of cryptocurrencies are. This book enhances the reader’s understanding of cryptocurrencies, its impact on industry and its implications on the political and economic environment. Drawing from chapter contributions from leading academics and thought leaders from around the world, this book is the definitive guide on the economics of cryptocurrencies.

There is scarcity of well conceived, academically grounded literature on the impact of cryptocurrencies on industry, politics and economics. This pioneering book provides up-to-date and in-depth analysis on the subject. The book will be appealing to academic communities, business professionals and entrepreneurs in their quest for better understanding the challenges and opportunities brought about by cryptocurrencies. Consultants, government officials and policy makers will find the information helpful in defining strategic pathways into the future.

J. Mark Munoz is a Professor of Management at Millikin University and former Visiting Fellow at the Kennedy School of Government at Harvard University. He is a recipient of several awards including four Best Research Paper Awards, two international book awards, a literary award, and the ACBSP Teaching Excellence Award among others. Aside from top-tier journal publications, he has authored/edited/co-edited more than twenty (20) books in management and economics such as: International Social Entrepreneurship and Managerial Forensics. As Chairman/CEO of the international management consulting firm Munoz and Associates International, he directs and manages consulting projects for companies worldwide.

Michael Frenkel is Professor of Macroeconomics and International Economics at WHU - Oitto Beisheim School of Management. He is also the Director of the Center for European Studies (CEUS) at WHU. He received his diploma degree in economics and his doctoral degree from the University of Mainz, Germany. He has extensive international experience resulting from his work with the International Monetary Fund and from various visiting positions, among them with the Harvard University Summer School, the University of Michigan, Georgetown University, Carnegie Mellon University, Emory, University, Brandeis University, and Chulalongkorn University (Thailand). He serves on the editorial board of the Global Finance Journal, the Journal of Economics and Statistics, and the Journal for Markets and Ethics.