Investors, businesspeople, students and academics need to know much more about psychology. In the video below, the folks at Moneyweek discuss how psychology affects investors. If you want to read about how psychology affects decision-making, you should start with Daniel Kahneman's Thinking, Fast and Slow.
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.