Freakonomics Radio
Are Personal Finance Gurus Giving You Bad Advice? (Update)
Jan 02, 2026
· 1h 0m
One Yale economist certainly thinks so. But even if he’s right, are economists any better? We find out, in this update of a 2022 episode. SOURCES: James Choi , professor of finance at the Yale School of Management. Morgan Housel , personal finance author and partner at the Collaborative Fund. RESOURCES: The Art of Spending Money: Simple Choices for a Richer Life , by Morgan Housel (2025). “ Popular Personal Financial Advice versus the Professors ,” by James J. Choi …
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