tinyurl.com
Econ To Go | Financial Literacy: Get ahead or fall behind
Why do people with similar incomes and education levels end up with vastly different financial outcomes? In this episode, wrapping up season 1 of Econ To Go, Neale Mahoney sits down with Stanford economist Annamaria Lusardi to explore what people actually understand about money, and why financial literacy has become an essential skill in today’s increasingly complex economy. A pioneer in the field, Lusardi explains how gaps in financial knowledge shape everything from day-to-day decisions to long-term wealth and how early exposure, education and regulation make a difference. Along the way, we explore several key themes, including: (01:27) Why financial literacy is a must-have in today’s economy (04:09) Education vs. regulation: who is responsible for protecting consumers (08:45) Why personal finance is deeply personal (12:04) A 7-step financial health checkup (21:13) Where consumers are most at risk Today’s guest, Annamaria Lusardi, is a leading expert on financial literacy. She is the Director of the Initiative for Financial Decision-Making at Stanford and a senior fellow at the Stanford Institute for Economic Policy Research (SIEPR). Her work — in both the academic and global policy arena — focuses on how financial education can improve economic outcomes. Econ To Go brings Stanford economics into your everyday life — served with a side of coffee. Hosted by economist and Director of the Stanford Institute for Economic Policy Research (SIEPR), Neale Mahoney, the show takes you on a walk across campus with leading thinkers as they unpack the ideas shaping our economy, public policy, and daily lives. Smart, curious, and conversational — it’s Stanford economics, to go. Econ To Go series page: https://siepr.stanford.edu/news/podcast-econ-to-go The Stanford Institute for Economic Policy Research is a nonpartisan research center that brings together scholars, policymakers, and industry leaders to solve pressing economic challenges and inform better public policy.