Neuroscientists have recently been looking at how childhood socioeconomic status and maltreatment during childhood affects the development of the brain (click here). Amongst other things, low socioeconomic status and childhood maltreatment can result in deficits in working memory, impaired cognition, a smaller hippocampus, and a larger amygdala. The question for social scientists is whether early intervention or government policy can somehow improve things for those from disadvantaged backgrounds.
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.