It is 30 years since the first DeLorean DMC-12 rolled off the production line in Belfast. This iconic car, made famous in the Back to the Future movies, was one of my favourite cars as a child. Graham Brownlow, a colleague and friend from QUMS, is currently writing a paper on the DeLorean company - I can't wait to read it!
According to Robert Shiller , speaking at Davos, Bitcoin is a perfect example of a bubble - story here . Shiller sees Bitcoin as a backwards step in the evolution of money. George Selgin , a free banker, takes an opposing view - click here . Although he doesn't believe that Bitcoin is money, he sees its development as a fascinating turn in the evolution of money. In particular, he lauds the fact that Bitcoin production is constrained and cannot be infinite. There is a short video below where Bitcoin explain how it works.