Money and Computing
Thought You'd Receive Social Security Benefits at 65? Were You Born After 1938?
Full retirement age (also called "normal retirement age") had been 65 for many years. However, beginning with people born in 1938 or later, that age gradually increases until it reaches 67 for people born after 1959. more »
GAO, Women in Management: Analysis of Female Managers' Representation, Characteristics, and Pay
Female managers in 2007 had less education, were younger on average, were more likely to work part-time, and were less likely to be married or have children, than male managers. more »
Bernanke: "The crisis should motivate economists to think further about their modeling of human behavior"
"The profound uncertainty associated with the 'unknown unknowns' during the crisis resulted in panicky selling by investors, sharp cuts in payrolls by employers, and significant increases in households' precautionary saving." more »
Farewell to the Feckless Life
For far too long, banks have encouraged abusive use of debit cards, and have pocketed the resulting punitive fees with, I’m sure, big, understanding smiles on their corporate faces. These days, more and more high schools are offering “life skills” classes that teach kids how to make a budget, handle a checking account, read a credit card agreement more »