Category Archives: Micro Finance and Behavioral Economics

Why We Think We’re Better Investors Than We Are – The New York Times

“Despite the spectacular growth of index funds — passive investment vehicles that track market averages and minimize transaction costs — millions of amateur investors continue to actively buy and sell securities regularly. This despite overwhelming evidence that even professional investors … Continue reading

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The Pope on Panhandling: Give Without Worry – The New York Times

“New Yorkers, if not city dwellers everywhere, might acknowledge a debt to Pope Francis this week. He has offered a concrete, permanently useful prescription for dealing with panhandlers.It’s this: Give them the money, and don’t worry about it. The pope’s … Continue reading

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Saint Nicholas: The Power of Hope Is Real

Originally posted on Inconvenient News .Wordpress.com:
Great news from the work of Esther Duflo at JPAL/MIT, and Dean Karlan at Innovations for Poverty Action. Thank you Saint Nicholas. These economists and their colleagues are using micro-finance, randomized trials and…

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