Monday, July 23, 2012

Inequality and Financial Literacy

Annamaria Lusardi recently released the hyperlinked paper below. Dr. Lusardi is widely known as the Queen of Financial Literacy. You can follow her blog here and her Twitter feed here.

I made a case earlier last week in this piece for SmartBlog (a subsidiary of SmartBrief) that education, specifically financial education, could be an answer to rising inequality. As you can see here, it is a significant problem in the United States.

For those passionate about financial literacy, the following paper is fantastic work: Optimal Financial Knowledge and Wealth Inequality

1 comment:

  1. Nice post. It's as clear as it can be though short but the points are all there. Hopefully more people will become more aware of these matters especially financial education. certified financial planner