Weekly Economic News Roundup and Warren Buffett and Charlie Munger
Finance
What We Can Learn From Charlie Munger

As much of a lkegendary investor as Warren Buffett, Berkshire Hathaway’s Charlie Munger can teach us a lot about markets.

Weekly Economic News Roundup and winning the lottery
Behavioral Economics
Why We Want To Win the Lottery

When researchers looked at the impact of winning the lottery, they reported some surprisimng rsults about our how our well-being changed.

lottery winners and losers
Daniel Kahneman
What Lottery Winners and Losers Need to Know

Futher confirming that economics is everyday life, behavioral economists have explained why we buy tickets when we won’t be lottery winners.

Weekly Economic News Roundup and winning the lottery
Fiscal policy
When Winning the Lottery is Likely

Looking at 18th century France and 2022, we can see how winning the lottery is not necessarily a low probability event.

Weekly economic news roundup and lottery ticket spending
What's Trending
Why We Like Lotteries

We can ask why our lottery ticket spending has been $70 billion annually when we have such an infinitesimal chance of winning.

The econlife.com Weekly Roundup
Weekly Roundup
Weekly Roundup: From Fed Humor to the Wisdom of Warren Buffett

Our Posts Roundup Sunday 3.01.15 Handy notes from Warren Buffett…more Monday 3.02.15 The basics of Greek tax evasion…more Tuesday 3.03.15 Insight about airline queues…more Wednesday 3.04.15 Why we subsidize Brazilian farmers…more Thursday 3.05.15 What an ATM can teach us…more  …

stock market trading hours
What's Trending
What We Can Learn From Warren Buffett

His 50th anniversary, Warren Buffett’s letter to his shareholders again conveys what he did right, what he did wrong and his folksy investing advice.

The econlife.com Weekly Roundup
Weekly Roundup
Our Weekly Roundup: From Being Cool to Being a Wise Investor

This week’s everyday economics stories included spillover, externalities, incentive, opportunity cost, sovereign debt, demand and financial intermediaries.

Everyday economics and Warren Buffett investment advice
Business
Some Warren Buffett Investing Wisdom

Guilty of probability neglect, we should listen to Warren Buffett’s advice on investing and use cost/benefit analysis whenever emotions overwhelm logic.

econlife®

Connecting economics with everyday life.

Located at the intersection of current events, history, and economics, econlife® slices away all of the layers that make economics boring and complex. We like economics and we would like for you to like it too.

Translate
Elaine’s Books
Econlife-101-1-2-The-Foundation

A Degree in a Book: Economics

Connecting
economics with
everyday life.

Sign­up for your daily slice of
econlife®.

Thank you for subscribing.

Something went wrong.