Prescript: This article is by popular demand, having won our meta poll at the beginning of the year. I predict three categories of reactions to it: (1) This is obvious. (2) This is obviously wrong. (3) This is just the rationalization I needed to keep doing what I’m doing! If there’s a fourth category... »
Archive for August, 2011
(More Than) A Penny Saved is a Penny Wasted, In Which I Trivialize the Entire Industry of Financial Planning
Wednesday, August 31st, 2011
Tags: akrasia,
beeminder,
economics,
fallacies,
finance,
investment,
rationality,
saving
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About
Daniel Reeves is a co-founder of
Beeminder and
Sharad Goel is a Senior Researcher
at
Microsoft Research - New York City. They are both former members of the Microeconomics and Social
Systems (MESS) Group at Yahoo! Research.
Kelly Savage illustrates the
blog.
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