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

Freakonomics Radio

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Do You Think We're Expecting People to Be Formula Minors?

i think the current world we live in does require people to, you know, act like u they theyre a the driver analogy that theyre formula minors. The truth is, i don't have to be very financially literate in order to get along very well financially in life. My employer radically narrows my choice set and guides me to good decisions by giving me retirement plans and a life insurance and those sorts of things. I would rank myself about a five out of ten for financial literacy.

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