How popular personal finance advice compares to economic theory

James Choi Popular personal finance gurus dispense advice to millions of people. What are they telling their audience? This column summarises the advice from the 50 most popular personal finance books. The most significant divergences from economic theory occur in advice about savings and debt, where popular authors try to accommodate the limited willpower and […]

Η ευφυής ειρωνεία ενός τιτάνα

Αντιγράφω την επιστολή αναγνώστη με τίτλο “ Galbraith’s trickle-down economics is not so polite” στην Φαϊνάνσιαλ Τάιμς της 28 Σεπτεμβρίου 2022. Τα σχόλια είναι περιττά. “The castigation of trickle-down economics by the British Labour party’s shadow chancellor Rachel Reeves is much too polite… She might have recalled the economist John Kenneth Galbraith’s summary of it […]