Budget- Beef Short Ribs la Bourguignonne

In Dutch oven, cook bacon over medium heat; remove bacon and set aside. In plastic bag, combine flour, salt, pepper and paprika; add ribs and shake to coat, reserving flour mixture. Add ribs to pan; brown well, in batches [note] , over medium-high heat. Remove ribs and set aside; drain fat from pan. Add onions, carrots, garlic and reserved flour mixture to pan; reduce heat to medium. Cover and cook (adding up to 2 tb water if mixture gets too dry) for about 6 minutes or until onions are softened. Gradually stir in wine, stock, thyme and bay leaf, scraping up brown bits [deglaze] from bottom. Bring to boil; reduce heat and simmer for 5 minutes. Return ribs and bacon to pan; simmer, covered, for 1 hour. Vegetables: Meanwhile, peel potatoes and cut into bite-size chunks. Add potatoes and carrots to pan; cook for 1 hour. Stir in mushrooms; cook for 30 minutes or until ribs are tender. Stir in parsley. Discard bay leaf. Season with salt and pepper to taste. Note: browning meat in batches prevents meat from steaming, which happens if meat is crowded in the pan. Serve in big soup bowls with French bread and a green salad.