ARNOLD KLING
August 14, 2011
The Top Political Contributors
August 11, 2011
Gender and the New Commanding Heights
August 11, 2011
Jamie Galbraith Makes an Assumption
August 11, 2011
Macroeconometrics: The Science of Hubris
August 10, 2011
Real and Nominal Bond Yields
BRYAN CAPLAN
August 14, 2011
The Effect of Thumb Sucking on Income
August 12, 2011
The Voice of Cold, Hard Truth to All Would-Be Educators
August 12, 2011
Ability, Morality, and Prosperity: A Paper and a Report
August 11, 2011
The Theory of Time and Frittering
August 10, 2011
Male Variance and the Remnants of the Gender Gap
DAVID HENDERSON
August 9, 2011
Hayek in "Unbroken", Part Two
August 8, 2011
Hayek in "Unbroken"
August 5, 2011
James Bovard on the Peace Corps
August 4, 2011
Summers Way Off on FDR and 1941
August 3, 2011
The "Amazon" Tax


Re: your wife... are professional economists (she's an economist, right?) more risk-averse or simply more risk-aware?
Free investment advice (remember you only get one roll of the die)
1 keep costs LOW (this includes interest on mortgages)
2 diversify a lot
3 keep costs real low
4 invest in your human capital. its the only way to make real money.
My faith in efficient markets makes it hard for me to believe that this "puzzle" will continue; I actually expect long-term bonds to perform nearly as well as stocks in the coming 50 years.
Maybe Nobel-winning economists who invested poorly shared the same delusion that I currently do, and only in retrospect do they admit that their investment decisions were wrong. (Flattering myself is fun!)