Money Archives

Exploitation of the Poor: 4 Ways the Rich Keep Them Down

Why are some people poor? Are they keeping themselves down, or are they victims of others who don’t want them to succeed? In Poverty, by America, social scientist Matthew Desmond explores how and why the commonly cited explanations for poverty fall flat. Then he turns his attention to what he believes does explain the persistence of poverty in America. Read on to learn why Desmond thinks the exploitation of the poor is a reality in the US.

Real Estate Speculation in the US Housing Market

How has real estate speculation influenced the US housing market? What does it mean to form a speculative bubble? Real estate speculation drove unparalleled growth in the US housing market from the late 1990s to the early 2000s, but since this growth was based on speculation, it was unsustainable. Learning how this happens can help you avoid getting investments caught in a speculative bubble. Keep reading to discover how speculative bubbles have formed in the US housing market in the past.

Efficient Market Hypothesis: Explained With Counterarguments

How a Passive Investment Strategy Wins Big

How is the efficient market hypothesis explained by experts? What does it mean, and what are some counterarguments? The efficient market hypothesis, explained by financial experts, concludes that securities are always priced accurately due to the nature of the market. By understanding this hypothesis and the counterarguments to it, you’ll have a better understanding of how markets work. Learn more about the efficient market hypothesis from all angles.

Robert Shiller: Bitcoin’s Value Is Tied to Its Narrative

Do you own Bitcoin or other cryptocurrency? Is investing in Bitcoin a good idea? According to Robert Shiller, Bitcoin provides an excellent example of the power of an economic narrative. He explains the fascinating Bitcoin narrative within a larger discussion of how we understand and predict economic behaviors in a qualitative rather than quantitative way. Read more to learn about the Bitcoin narrative and why it’s compelling to so many.

Gold Standard vs. Fiat Currency: Is the Issue Just Psychological?

Which is better—the gold standard or fiat currency? Could you make a sound economic argument for your position? In Narrative Economics, economist Robert J. Shiller argues that human beliefs and actions, rather than numbers and statistics, ultimately drive economics. Specifically, he writes that beliefs about the gold standard are part of a recurring American economic narrative. Read more to learn Shiller’s take on the gold standard vs. fiat currency debate.

Tips on Investing in Stocks: How to Avoid Overspeculation

What are some tips on investing in stocks? How can you avoid being caught in a speculative bubble? The best tips on investing in stocks include recognizing overpriced assets in the market and diversifying your portfolio. To avoid overpaying for stocks, you should consider these factors more in-depth. Learn why stocks become overpriced and how to avoid losing money in investments.

The Joys of Compounding by Gautam Baid: Overview & Lessons

How can you use investing advice to improve your everyday life? What can you do to improve your decision-making skills? In The Joys of Compounding, Gautam Baid covers how to make meaningful investments in six life areas. He also includes how to maximize financial returns to gain wealth and financial independence. Read below for a brief overview of The Joys of Compounding.

Amazon and Jeff Bezos: Philanthropy & Charitable Efforts

How do Jeff Bezos and Amazon give back to the community? How can billionaires use their fortune for good? Amazon’s success has made Bezos one of the richest people on the planet, but his ambitions don’t end there. Bezos wants to use his wealth to be a positive force for change in the world. Take a look at Jeff Bezos’s philanthropy and charitable efforts.

Thou Shall Prosper by Daniel Lapin: Book Overview

What’s Thou Shall Prosper by Orthodox Jewish Rabbi Daniel Lapin about? Can you become wealthy and make the world a better place at the same time? In Thou Shall Prosper, Daniel Lapin explores ancient rabbis’ views on conducting business. Additionally, you’ll learn how to lead your own business and how earning money can be a spiritual pursuit. Read below for a brief overview of Thou Shall Prosper.

How Did Sam Bankman-Fried Get Rich? Michael Lewis Explains

How did Sam Bankman-Fried get rich? What drove him to make money? Sam Bankman-Fried quickly became one of the wealthiest individuals in the world. Biographer Michael Lewis details how Bankman-Fried found financial success in his first job at Jane Street Capital and his first two companies—Alameda Research and FTX. Continue reading to learn how Sam Bankman-Fried became wealthy.