Given that I have come to the end of my free banking posts, I thought that I would plug Larry White's new book, which is published at the end of March - click here. You can find working paper versions of some chapters here. This book looks at the great economic policy debates and experiments of the last century from Lary's unique perspective. Larry talks about his book in the interview below.
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.