#econimcs

[johngill1776]

A good resource for Libertarian Philosphy & economic treatise.

[disasterologists]

Has anyone taken economic/personal finance?

I need some help with my online class and I would really appreciate any help! I can’t really offer to give you anything other than my gratitude, sorry that seems lame but I really need help. Message me if you’re willing to help? Thank you so much in advance!

[teachanarchy]

Last Week Tonight with John Oliver: Debt Buyers (HBO)  

Companies that purchase debt cheaply then collect it aggressively are shockingly easy to start. We can prove it! 

[harbinsonslilblog-blog]

Behavioral Economics: Present Bias

Present bias is one’s inclination to benefit from an immediate reward rather than being patient and wait for a greater pay off. This is seen in people when they are given the decision of getting $105 in a year or $100 in 50 weeks. The rational decision is to take the $105, which is the dominant decision given how distant the futures are. The results change when people are asked to decide whether they want $100 today or $105 in a week. The rational decision should be to take the $105 next week, however people usually choose the $100 today due to the immediate reward. When people choose the immediate $100, then they should also prefer it in 50 weeks instead of waiting two more weeks for $105. 

http://www.ezonomics.com/whatis/present_bias 

[angelclark]

Angel Clark Show W/ Ken Schortgen

[angelclark]

Angel Clark Show W/ Ken Schortgen

[henryohp-blog]

Campaign Funding

[existentialistmumbojumbo]

It's About Wall St. but it's Not All About Speculation

John Weeks: We are not far from the day when government will be smaller than the financial sector