Rainy Workday

A Rainy Workday

After publishing my newest About.com article, What is a Mutual Fund Family? as part of a new group of content focused on very, very basic financial concepts for beginners, I spent the morning over a cup of coffee in my home, curled up at a desk in a side room with reading lamps (it was dark…

Understanding Poverty by Ruby Payne

Being an Effective Educator and Communicator Requires an Understanding of the “Rules” of Your Students’ Social and Economic Class According to Ruby Payne’s Book A Framework for Understanding Poverty

My lunch with friends yesterday turned into a 3 to 4 hour event as we hung out at a local independent pizza parlor and discussed kids, love, True Blood, taxes, and a host of other things.  The topic of poverty came up (as is inevitably bound to happen when the group includes a social worker,…

Mental Model by Joshua Kennon

Mental Model: Information Asymmetry

Mental Model: Information Asymmetry For the past month or two, there has been a running joke at the office that I’ve been giving Aaron a hard time about, providing me countless hours of entertainment.  It is a good illustration of a mental model from economics called information asymmetry and I thought I’d take five minutes…