I have just finished watching Prof. Niall Ferguson's three-part television series on China. China's economic transformation over the past four decades has been remarkable. Ferguson explores the origins of this transformation as well as the prospects for the future. In terms of the future, Ferguson sees the overheated Chinese property market, an ageing population, and growing wealth inequality as threats to China's continued prosperity. You can watch the entire series here.
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.