Education Next – Frederick Hess
“NPR had a story the other week about Yale economist James Choi, who examined 50 popular personal finance books to see how their tips aligned with traditional economic advice. (You can find Choi’s study here.) Choi concluded that much practical advice departs from economic logic, but this doesn’t mean the popular advice is necessarily wrong. In fact, the personal finance types often did a far better job of accounting for the role of temptation. I found the whole thing a powerful reminder of why educators misstep when they give short shrift to human nature and the importance of good habits.” (more)