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Behavioral Economics
A new analysis suggests previous "total cost of ownership" studies overlooked key factors.
To break "analysis paralysis," reduce the number of available options — and introduce an element of chance.
Did they spend the money on themselves or others?
Big Think covered the 2012 study shortly after it was published. We are now correcting the record.
Energy balance is the greatest arbiter of weight gain. Embrace the "oinker diet."
The Shirky Principle states that "institutions will try to preserve the problem to which they are the solution."
Maintain peace of mind during tax season by correctly filling out your W-4.
Million Stories
One reason saving is hard: We tend to view our "future selves" as complete strangers, and our decisions in the present moment reflect that.
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If a person stands little chance of ever being wealthy, perhaps playing the lottery is a rational decision.
You’ve probably noticed that most retailers use prices ending in 99. That’s intentional.
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Wealthier in resources; poorer in time.
The average age of cannabis users is increasing. Weed may fall out of fashion before it becomes legal everywhere.
Treating “oniomania” or compulsive buying disorder is about protecting your finances as well as your mental health.
Million Stories
FIRE is a lifestyle that promotes extensive saving in order to retire early, despite the fact that early retirement is far from practical.
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1hr 19mins
Steven Pinker explains how to cultivate greater rationality in today's complex world.
Financial illiteracy can become a significant problem. But it’s a problem with a clear solution.
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Mindfulness may be especially useful for gaining more control of your impulses to spend.
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Research shows how "dark" Brett Martinpersonality traits affect Bitcoin enthusiasm.
Fear of being scammed can lead us to make decisions that go against our values and goals — both as individuals and as a society.
The rewards price to get a free cup of hot coffee at Starbucks is going up.
7mins
How to maximize wins and minimize losses, explained by four experts on game theory.
Here are the signs that you inherited “money anxiety” from your parents.
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Some experiences continue to pay dividends time and time again.
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6mins
These money experts say you can buy happiness. There are some red flags to look out for, though.
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Personal finance advice is often over-simplified and fails to consider economic research or people’s unique circumstances.
Million Stories
Sniffing out a deal.