Everything You Always Wanted to Know About Money (But Were Afraid to Ask)

...money. Fuck you!” We’ll wrestle with the fact that a financial windfall does not guarantee long-term success: Annamaria LUSARDI: We found that 15 percent declare bankruptcy. And: we’ll lay out...

What Do Hand-Washing and Financial Illiteracy Have in Common?: Full Transcript

...a claim! That financial illiteracy – individuals not knowing what they were doing with their personal finances – helped cause the Great Recession.     Annamaria LUSARDI: I think that financial...

Lottery Loopholes and Deadly Doctors: Full Transcript

...– individuals not knowing what they were doing with their personal finances – helped cause the Great Recession. So how bad off are we? Annamaria Lusardi is a professor of...

Are We a Nation of Financial Illiterates?

...is widespread financial literacy to the health of a modern society? Before you answer the first question, take this little quiz, borrowed from the website of Annamaria Lusardi, a professor...

Should Kids Pay Back Their Parents for Raising Them? A New Freakonomics Radio Episode

...even a little bit, you’ve heard many, many stories about the former multi-million-dollar superstar who’s lost everything. In a recent academic paper, the researchers Kyle Carlson, Joshua Kim, Annamaria Lusardi,...

More Depressing News on America's Financial Literacy (or Lack Thereof)

...than Annamaria Lusardi of Dartmouth. This week’s NBER e-mail blast describing the latest crop of economics working papers includes nine papers; of those, four are written or co-written by Lusardi...

What Do Hand-Washing and Financial Illiteracy Have in Common? A New Freakonomics Radio Podcast

...different solutions to our financial illiteracy. One is Annamaria Lusardi, an economist at George Washington University, who has spent the past 10 years studying the topic, and believes that education...

How Much Financial Inequality Is Due to Financial Illiteracy?

...Annamaria Lusardi, whose ground-breaking research on financial literacy has been featured here several times, has put out a new working paper (with co-authors Pierre-Carl Michaud and Olivia S. Mitchell)...

Financial Literacy Solutions, Information-Design Edition

...Council of Economic Advisers chairmen discuss the role of financial illiteracy in the recession. And economist Annamaria Lusardi and legal scholar Lauren Willis offer their solutions to the problem. Two designers, Tristan Cook and Thomas Nelson of Humans in...

The Persistence of Financial Illiteracy

...Annamaria Lusardi, the doyenne of financial (il)literacy reseach (she has appeared on this blog and on Freakonomics Radio), is back with more depressing news.  The Wall Street Journal summarizes: In fact,...