Slate Money

Money Talks: Is Pop Finance Rubbish?

Jan 30, 2024
Yale finance professor James Choi discusses his research on personal finance books and compares their advice with economic theory, exploring flaws in personal finance orthodoxy. They delve into topics such as the timing of savings, the hedonic treadmill, scolding in personal finance advice, the blind spot of social security income in finance books, and the rationality of saving while in debt.
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