Following on from last week's mini-series on behavioural economics, here is an interview with John Balz, Opower's Chief Behaviouralist Officer. Opower is a company which assists energy and utility companies around the globe promote energy efficiency. To do so, it uses insights from behavioural economics - see this Opower blog post for example.
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.