Ron Paul came second in New Hampshire last night. Matthew Yglesias over at Slate has an interesting piece on Paul's adherence to Austrian economics - click here. There is a suggestion that Paul is simply using the primaries as a platform to advance his libertarian views. It seems to be working because Austrian economics is now getting a worldwide audience thanks to Paul.
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.