Image Credit: Christophe Vorlet By Jason Zweig | Oct. 13, 2017 12:13 pm ET “Default” is normally a bad word in finance; ask anyone who’s ever owned a bond that missed an interest payment. But another sort of default can be good for retirement savers. Inspired by research from Richard Thaler, an economist at the University of Chicago Booth School...
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Image Credit: Richard H. Thaler (London, July 13, 2015), Chatham House via Flickr By Jason Zweig | Oct. 9, 2017 6:29 pm ET This year’s Nobel Prize in economics was awarded for calling out loud, “The emperor has no clothes.” Richard Thaler, an economics professor at the University of Chicago Booth School of Business, has spent most of the past four...
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Image Credit: Christophe Vorlet By Jason Zweig | Oct 6, 2017 10:05 am ET ld bull markets don’t produce new ideas. They just produce new ways for investors to hurt themselves with old ideas. With stocks at record highs and the income on bonds not far from record lows, circumstantial evidence suggests investors are getting restless — if not...
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By Jason Zweig | Oct. 2, 2017 9:28 p.m. ET Image credit: Paul Peel, “The Bubble Boy” (1884), Art Gallery of Ontario (Wikimedia Commons/Google Art Project) From the archives, here’s one of my old interviews with Robert Shiller, the finance professor at Yale University who predicted the bursting of the internet-stock bubble in 2000...
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By Jason Zweig | Oct. 2, 2017 9:28 p.m. ET Image credit: Rajmishra757, Gold-weighing balance, Orissa Maritime Museum (Wikimedia Commons) One of the oddities of a life in journalism is that you never know which words, out of the hundreds of thousands you write, will resonate with people. Sometimes it’s the most offhand or quirky things that...
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