Are Personal Finance Gurus Giving You Bad Advice? (Update)

Freakonomics Radio
Are Personal Finance Gurus Giving You Bad Advice? (Update)

Are Personal Finance Gurus Giving You Bad Advice? (Update)

Jan 2, 20261h 0m
0:001:00:39

About This Episode

One Yale economist certainly thinks so. But even if he’s right, are economists any better? We find out, in this update of a 2022 episode. SOURCES:James Choi, professor of finance at the Yale School of Management.Morgan Housel, personal finance author and partner at the Collaborative Fund. RESOURCES:The Art of Spending Money: Simple Choices for a Richer Life, by Morgan Housel (2025).“Popular Personal Financial Advice versus the Professors,” by James J. Choi (Journal of Economic Perspectives, 2022

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