Congratulations to Chris Colvin, lecturer in economics at Queen's, who has just won the biennial PhD dissertation prize at the European Business History Association conference. Chris completed his PhD at LSE, and I had the privilege of being one of his examiners. Queen's has been well represented in this competition in recent years, with Gareth Campbell being a finalist on the previous occasion.
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.