Animal spirits are involved in a whole lot of our decision making. The famous economist, John Maynard Keynes knew this all along. Continue reading “Animal Spirits Peer Pressurin’ Keynes”
Tag: investing
Robert Merton: Finally, The Real Key to Making Cheddar (And Possibly Causing Recessions)
So… we admit Alex gave you the ol’ bait ‘n switch with his post on Harry Markowitz, who basically came up with the sound advice that we shouldn’t put all our eggs in one basket. He teased saying that this was the “key to making cheddar.” You thought he was going to teach you how to make money. Continue reading “Robert Merton: Finally, The Real Key to Making Cheddar (And Possibly Causing Recessions)”
Oh My Gosh! Just Open A Roth IRA Already!
If you want to be financially secure 30 years from now and you haven’t opened a Roth IRA, you’re shooting yourself in the foot. Continue reading “Oh My Gosh! Just Open A Roth IRA Already!”
Harry Markowitz: The Key to Making Cheddar
Whenever I mention I study economics to strangers in conversation, I’m often half-jokingly asked whether I know of any good stocks to invest in. Studying economics apparently means I know all the secrets to what made Warren Buffett filthy rich. Continue reading “Harry Markowitz: The Key to Making Cheddar”
Lawrence Klein: The Economic Fortune Teller
Whenever someone finds out you are an economist, the line of questioning that follows changes quite dramatically. “Do you think the stock market is going to pull back in the next couple months?” “Is the student loan bubble going to pop?” “What should I invest in?” Continue reading “Lawrence Klein: The Economic Fortune Teller”
Stop Treating Personal Finance As An Elective
A new report testing American’s financial literacy proves how badly we’re in need of education on the subject. Continue reading “Stop Treating Personal Finance As An Elective”