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Search Results for: "financial literacy"


Women + Financial Literacy = Bad News

Annamaria Lusardi has been researching financial literacy for years. She has co-authored a new working paper (abstract; PDF) with Tabea Bucher-Koenen, Rob Alessie, and Maarten van Rooij called “How Financially…




One Small Step for Financial Literacy

Annamaria Lusardi, one of the leading academic lights of financial literacy, has begun a new Financial Literacy Center “to develop and test innovative programs to improve financial literacy and promote…




Are We a Nation of Financial Illiterates?

…very low in high school and not improving. Because of this evidence, some have argued against teaching financial literacy in high school (and against financial literacy education in general). In…



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Episode 58

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

Education is the surest solution to a lot of problems. Except when it’s not.

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Episode 298

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

The bad news: Roughly 70 percent of Americans are financially illiterate. The good news: All the important stuff can fit on one index card. Here’s how to become your own…

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Episode 298

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

The bad news: roughly 70 percent of Americans are financially illiterate. The good news: all the important stuff can fit on one index card. Here’s how to become your own…

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Episode 72

Lottery Loopholes and Deadly Doctors

What do you do when smart people keep making stupid mistakes? And: are we a nation of financial illiterates? This is a “mashupdate” of “Is America Ready for a “No-Lose…


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Episode 81

Why Is It So Hard to Talk About Money?

Financial (Il)Literacy Among the Young

We blogged a while back about the sad state of financial literacy in this country. This has been diligently investigated by Annamaria Lusardi and Olivia S. Mitchell, who insert a…



Financial Literacy Begins at Home

This morning, my six-year-old son Solomon was having breakfast and watching his favorite TV show, Really Wild Animals. (It’s a great show, National Geographic cinematography with quippy narration by —…




Suze Orman Answers Your Money Questions

…consider adequate financial literacy. A: Whatever the percentage, it is woefully low; but entirely predictable too. It’s hard to be literate in a subject you receive no education or training…



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Episode 40

Harold Pollack on Why Managing Your Money Is as Easy as Taking Out the Garbage

He argues that personal finance is so simple all you need to know can fit on an index card. How will he deal with Steve’s suggestion that Harold’s nine rules…

Training to Save in Ghana

(Photo: Stella Benezra) Freakonomics fans will already know that financial literacy is a hot issue for researchers – it’s in everybody’s best interest to get people making better financial decisions,…



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…



With Age Comes (Economic) Wisdom

…people discount future gains and losses), loss aversion (how much the valuation of losses outweigh gains of the same magnitude), financial literacy (understanding financial information and decisions) and debt literacy…



Are We Heading Toward a Reinsurance Bubble?

As a topic, “shadow insurance” may have a certain MEGO quality — that’s “My Eyes Glaze Over” — but a new paper called “Shadow Insurance” (abstract; PDF) by Ralph S.J….




Suze Orman Will Now Take Your Money Questions

Suze Orman If you’ve ever tried to give yourself a bit of financial literacy, you’ve probably come across something on the subject by Suze Orman. And if you’ve read some…



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Episode 19

Is There Such a Thing as Good Estrangement?

Also: How do you know if you have a “bad personality?”…

My Target-Date Fund Is Bigger Than Yours

(Photo: 401K Calculator) We’ve banged the drum quite a bit on the need for greater financial literacy. If you care about such things, you might want to take a look…



FREAK-est Links

…The economics of online dating: an economist explains the marketplace of online love. The perverse incentives of prestigious science journals. Not just a piggy bank: toys to encourage financial literacy….



A Modest, Rational Proposal

…for a moment the low level of financial literacy in this country, which an economics course would certainly help; wouldn’t a principles of economics course in high school help smarten…



All Hail Numeracy

…provider who could put himself out of business if he does his job too well. But given the current level of, say, simple financial literacy, I doubt that is much…



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EXTRA

Extra: Mark Teixeira Full Interview

A conversation with former Major League Baseball player and current E.S.P.N. analyst Mark Teixeira, recorded for the Freakonomics Radio series “The Hidden Side of Sports.”…

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Episode 82

Please Steal My Car

Levitt and Dubner answer your FREAK-quently Asked Questions about junk food, insurance, and how to make an economist happy.