A recent study of US graduates by Altonji et al has found that Economics graduates have the highest average earnings of all university majors, closely followed by Finance (hat tip - Graham Brownlow) A sortable chart of average wages by college degree can be found at the Wall Street Journal (click here). Given the introduction of tuition fees in the UK, parents (and their offspring) will increasingly be paying attention to the findings of such studies.
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.