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Abortion and Crime – Freakonomics Disputed

by Flexo

I have not yet read Freakonomics, but I have heard good things about the book from friends. Apparently one chapter within the book discusses the effect of correlation between the legalization of abortion in the 1970s on and the amount of crime in the 1990s. An article in the Wall Street Journal [free] explains the ... Continue reading this article…

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Will China Make Americans Better or Worse Off?

by Flexo

Due to increasing skills and knowledge worldwide as well as labor costs that are a fraction of costs in the United States, there is some fear that the competition will mean less prosperity for people of my generation and younger. The concern is the younger generation may not be able to live as “well off” ... Continue reading this article…

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Teaching Kids About Money, Part 3

by Flexo

I am/was a musician, so the next story from Yahoo’s feature was of particular interest to me: The cost of raising a rock star. I never wanted to be a rock star; I was more interested in teaching music. But the article lightly touches on the importance of encouraging the study of arts. Here is ... Continue reading this article…

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Carnival of Personal Finance #19

by Flexo

Welcome to the Carnival of Personal Finance, 19th edition! You are visiting Consumerism Commentary, a website where I discuss my personal finances with links to related news with commentary every once in a while. Here is a little about me and this website. You can browse my latest updates or start with the “Best Of ... Continue reading this article…

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Best Auto Resale Value

by Flexo

Kelley Blue Book has announced survey results awarding several cars that offer the best resale value (for 2006 models). The survey presents the winners as best in class and top ten overall. The 2006 version of my Honda Civic didn’t make the list, but one of its relatives did. BMW/Mini won the top award for ... Continue reading this article…

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Employee Health Plans

by Flexo

Marketwatch reports that “Two out of three adults would rather have their employer pick a set of health plans than be given an employer-funded account so they can go out and buy it for themselves on the individual market.” My company provides several options for health coverage, but the selection is getting more complicated next ... Continue reading this article…

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Negotiating for Salary – Men vs. Women

by Flexo

I’m a fan of social experiments, and here’s an interesting study. Researchers at Carnegie Mellon University wanted to determine if sex had a role to play in hiring decisions. Male and female observers, playing the role of decision-makers, watch an interview with male and female participants (job candidates). When the candidate was asked what he ... Continue reading this article…

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Consensus View is Better Than Experts?

by Flexo

In one point of view, “the masses” are wrong about financial issues (Part One and Part Two). On the other hand, some believe that the general populace on the whole outsmarts even the experts. That’s the basis of the book The Wisdom of Crowds by James Suroweicki. To prove his points in his book, he ... Continue reading this article…

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