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DeFi and the Future of Finance

By: Campbell R. Harvey, Ashwin Ramachandran, Joey Santoro
Narrated by: David de Vries
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Publisher's Summary

During the Global Financial Crisis in 2008, our financial infrastructure failed. Governments bailed out the very institutions that let the economy down. This episode spurred a serious rethink of our financial system. 

In DeFi and the Future of Finance, Campbell R. Harvey, Ashwin Ramachandran, and Joey Santoro introduce the new world of decen­tralized finance. The book argues that the current financial landscape is ripe for dis­ruption and we are seeing, in real time, the reinvention of finance. 

The authors provide listeners with a clear assessment of the problems with the current financial system and how DeFi solves many of its issues. The essence of DeFi is that we interact with peers - there is no brick and mortar and all of the associated costs. Savings and lending are reinvented. Trading takes place with algorithms far removed from traditional brokerages. 

The book conducts a deep dive on some of the most innovative protocols such as Uniswap and Compound. Many of the companies featured in the book you might not have heard of - however, you will in the future.

©2021 Campbell R. Harvey, Ashwin Ramachandran, and Joey Santoro (P)2021 Ascent Audio

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