An Economist Studied Popular Finance Tips. Some Might Be Leading You Astray

Managing your money is obviously an important part of being a responsible adult. But how should you do that? It turns out that there’s a large gulf between the advice given by the authors of popular finance books and academic economists. In a new study titled “Popular Personal Financial Advice versus the Professors,” the Yale financial economist James…

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Nui Onoue

A few weeks ago I wrote a piece looking at Japan’s extraordinary asset bubble of the 1980s. Such bubbles always throw up some odd players. Locally we had a handful of corporate titans strutting around. Many of whom ended up broke, in jail, or both. Whilst looking up some material for the piece I came…

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