Tyler Cowen (Marginal Revolution blog), along with Alex Tabarrok, has just launched Marginal Revolution University (hat tip: Graham Brownlow). The first course they are offering is Development Economics. This is probably the most important course any finance or economics students could take as it is all about why some economies have become wealthy whilst others have become poor. The course is a series of short videos, which are well worth watching. The first lecture is below; all other lectures can be accessed at Marginal Revolution University.
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.