Ian's list

Top picks from the web on money and your life, from ING economist Ian Bright – June 4, 2014

Is university worth it?

Is university worth it?

The pay gap between college graduates and everyone else rose to a record high last year in the United States, a blog in the New York Times says. It cites new data showing people in the US with a four-year college degree made 98% more an hour on average in 2013 than people without a degree. However, contrary research, including a paper referenced here finds university does not always pay off.

Free money

Free money

A "social experiment for good" made headlines after a mystery benefactor lead social media users on a treasure hunt for hidden money in San Francisco and San Jose, the BBC writes. The Twitter handle @HiddenCash apparently gave away $5,000 (£3,000). It is reminiscent of Give Mondays in the United Kingdom, blogged about on eZonomics.

Making the right choice

Making the right choice

Why do investors sometimes find it easier to hang on to a continually declining stock rather than sell it? The sunk cost fallacy can be a factor, a blog in Psychology Today says. The blogger puts a positive spin on this thinking trap, saying it can increase the chances someone sticks to their decisions.

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Ian Bright
Ian Bright

Senior economist at ING
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42 blogs

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