The nature of wealth
Financial assets are a claim on real wealth, not outright wealth. From the October 8th 2009 edition of The Economist:
Buttonwood
The nature of wealth
The world confused financial assets with real ones
Headlined research likely to be wrong
Be careful with scientific research headlined in newspapers! From The Economist print edition:
Publish and be wrong
One group of researchers thinks headline-grabbing scientific reports are the most likely to turn out to be wrong
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Recession caused by too many Y chromosomes?
Chalk one up for women: “…men, and single men in particular, overestimate their financial knowledge, their ability to pick stocks, and the value of the information they have…”
From the Globe and Mail, May. 29, 2009:
In the company of men
What really leads markets to tank and economies into recession: corporate greed, unscrupulous lenders, poorly understood financial products? It may actually be a case of too many Y chromosomes
The Science of Economic Bubbles and Busts
From Scientific American Magazine , June 22, 2009:
The Science of Economic Bubbles and Busts
The worst economic crisis since the Great Depression has prompted a reassessment of how financial markets work and how people make decisions about money
Googling the future
From The Economist print edition:
Googling the future
Apr 16th 2009
Internet search data may be useful for forecasters
How ‘minimum payments’ screw you
You could write a book on the myriads of subtle ways credit card companies extract every penny they can get from you, but this is a new one for me: people who wanted to pay part of their balance paid less when a minimum payment was shown on their statement. From The Economist print edition:
Credit cards
A nudge in the wrong direction
Dec 11th 2008
Minimum-payment requirements may be counterproductive
Obama’s “change”: behavioural economics
How Obama Is Using the Science of Change
Why Smart People Often Do Stupid Things
Trying to explain the plentiful financial screw-ups that recently have come to light. From Benefits Canada:
Deconstructing “Stupidity”: Why Smart People Often Do Stupid Things
Neuroeconomics
Neuroeconomics
From The Economist print edition
A new school of economists is controversially turning to neuroscience to improve the dismal science
Improve your negotiation skills
It seems empathy is not a good thing when it comes to negotiations…
Inside a deal
May 1st 2008
From The Economist print edition
It pays to get inside your opponents’ heads rather than their hearts
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About
Although it started out as a means of practising expressing myself, this blog is turning out to be more of a compendium of interesting information I come across. One of these days I’ll have to actually write something as opposed to cut and paste.
