The first academic review of my book Banking in Crisis has been published in the Economic History Review. The review by Mark Billings (University of Exeter) says that my "contextualization of crises provides an excellent concise history of the last two hundred years of banking in Britain". Mark Billings finishes off his review by saying that "not all historians of British banking would agree with all Turner's arguments, but all will surely want to read this stimulating book and recommend it to their students. Regulators and policy makers should also read the book, not least to be shaken from any post-crisis complacency by Turner's gloomy conclusions on the direction of banking regulation".
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.