What makes a great manager? What are the components that go to make a great leader? Academics at business schools around the globe have expended great effort in trying to answer these questions. A recent case study undertaken at Harvard Business School looks at the most successful football manager in history - Sir Alex Ferguson. Much as it pains me to admit this, but Ferguson is a great manager. You can read what the HBS case study found here. Ferguson also gave a class at HBS, which was apparently very compelling (click here). Thankfully none of the MBA students received the infamous 'hairdryer' treatment from Fergie! My hope is that there will be a similar HBS case study on Brendan Rogers in 2038. I can but dream!
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.