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Tuesday, October 26, 2010

The less you know about finance the better


Everywhere you turn these days, some bigwig policymaker is talking about
the importance of financial literacy education.
The only problem is, there’s a fair amount of evidence that a lot of what we do
to teach better financial habits, like courses in high school, doesn't work.
Maybe we should ignore real-world complexity altogether
and just teach people financial rules of thumb.
http://blogs.reuters.com/barbarakiviat/2010/10/25/the-less-you-know-about-finance-the-better/

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