Why Would You Take Money Out Of

Money Is A Wonderful Invention. It Lets Us Save, It Lets Us Specialize, Right? I Couldn't Be A Professor If There Wasn't Any Money. Every Day I Would Have To Raise Chicken And Bread And Broccoli And Go Ahead And Spend All My Time Trading. So, Money Is A Wonderful Mechanism.

The People That Lend You Money Basically Give You An Answer Based On The Risk That They Are Willing To Take. But Just Because A Bank Is Willing To Take A Particular Risk Doesn't Mean That That Is The Right Amount For Me To Spend.

One Of The Big Lessons From Behavioral Economics Is That We Make Decisions As A Function Of The Environment That We're In.

In Life We Encounter Many People Who, In Some Way Or Another, Try To Tattoo Our Faces.

If I Gave You Now, $10 As A Gift, How Happy Would You Be? Would You Be Happy, Is The Marginal $10, The Best Use Of $10 You Can Use? Of Course Not. If I Have You A Cd, You Know Exactly What You Are Getting And You Will Have A Value For It. So, Money Has Lots Of Problems With It.