Bitcoin and Bubbles

Article by Paul Krugman on bitcoin.

Inflation's return could shock a generation that's never seen it

CBC article on the return of inflation. Notes in impact of increased interest rates on people with debt but ignores the benefit that borrowers get from inflation.

Social and Emotional Learning

An interesting article about Social and Emotional Learning from a US Educational blogger

Economics and Mobility Pricing

Article about the Mobility Pricing debate here. This is all about Market Failure, Negative Externalities and Demerit Goods. A practical application of economic theory.

What Carillion tells us about public sector outsourcing

A post on Mainly Macro about private companies and government work. Focus on the failure of the construction giant Carillion. A balanced piece about this subject. It does look at risk and finance. Good background on public private partnerships.

The Undercover Economist by Tim Harford

The Undercover Economist by Tim Harford is a book I highly recommend to anyone. Good basic economics but written to be read by anyone.

"Rabbie" Burns Day Jan 25

Coming up next week January 25 "Rabbie" Burns day. One of the few poets that has a day celebrated around the world.

Robert Burns - wikipedia

Auld Lang Syne

Should auld acquaintance be forgot,
and never brought to mind?
Should auld acquaintance be forgot,
and auld lang syne?

CHORUS:

For auld lang syne, my jo,
for auld lang syne,
we'll tak' a cup o' kindness yet,
for auld lang syne.

And surely ye'll be your pint-stoup!
and surely I'll be mine!
And we'll tak' a cup o’ kindness yet, for auld lang syne.

CHORUS

Robert Burns, 

A Biography with Selected Poems

by Behar, Sasha

We twa hae run about the braes,
and pou'd the gowans fine;
But we've wander'd mony a weary fit,
sin' auld lang syne.

CHORUS

We twa hae paidl'd in the burn,
frae morning sun till dine;
But seas between us braid hae roar'd
sin' auld lang syne.

CHORUS

And there's a hand, my trusty fiere!
and gie's a hand o' thine!
And we'll tak' a right gude-willie waught,
for auld lang syne.

CHORUS