Economics Matters with Laurence Kotlikoff cover image

Can AI-Driven Economic Models Help Improve Financial Decisions -- Insights from Jonathan Parker, Head of the Finance Department at MIT's Sloan School of Management

Economics Matters with Laurence Kotlikoff

CHAPTER

Rethinking Financial Education

This chapter explores the integration of traditional financial planning within prestigious finance curricula, emphasizing the disconnect between theoretical knowledge and realistic consumer behavior. It critiques the asset management industry and discusses the challenges individuals face in saving for retirement, highlighting the need for better financial tools and education. Additionally, the chapter examines government economic interventions and their effects on household financial stability and consumption patterns.

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