Christmas arrives in three days. All over America, Christian children are going nuts, unable to believe that they have to wait so long, while their parents are going nuts, unable to believe that it arrives so soon. Time is relative. Mathematically, it passes at a constant rate, but behaviorally, it does not. Along with children-waiting-for-Christmas… [Read More]
Blog
Category: Teaching Finance
What is inflation, anyway?
A lot of money smarts are also street smarts – knowing how to navigate the grocery store, finding the best cheap entertainment, and being able to negotiate a good deal. Other money smarts are also book smarts. The basics of economics and finance are helpful! Really! Recently, as friend asked me for an explanation of… [Read More]
Overthinking pay negotiations with net present value
I was recently discussing pay with some freelancers I know, and I have net present value on the brain thanks to class this semester, and it all morphed into one conceptual idea: your desired pay is a net present value problem. Your willingness to supply labor is dependent on your opportunity cost: how much do… [Read More]
Corporations, government, Hobby Lobby, and socially responsible investing, part 2
Part 1 of this series looked at Burwell v. Hobby Lobby and the issue of corporate personhood. This is Part 2, looking at the poor sports of the corporate world: professional sports teams and leagues. So far this year, we’ve seen an Olympic ghost town created at Sochi, Russia; the NBA order Donald Sterling to… [Read More]
Corporations, government, Hobby Lobby, and socially responsible investing, part 1
There are about 50 million corporate governance issues in the news right now. It’s too much for one blog post! So there will be three. First, the Hobby Lobby decision and corporate structure. Second, the quasi-public nature of professional sports. And third, what investors should consider about socially responsible investing. First: Hobby Lobby and corporate… [Read More]
