What does it mean to be wealthy and how should we factor in say, life expectancy? Lyman Stone offers an interesting measure, lifetime consumption, taking in account (roughly) both years lived and how much one consumes in those years.
The post Lifetime Expected Consumption appeared first on Marginal REVOLUTION.
In 2023, co-founders Karim Jouini and Jihed Othmani sold their expense management startup Expensya to…
What do you wear on repeat? I would love to hear your trusty list! Here…
In This Article Don’t expect your home equity to increase this year. That’s the forecast…
Cockatoos in Sydney, Australia, have learned to use public water fountains by twisting a handle,…
Gameplay is simple to pick up buy very difficult to master. You’ll tap on the…
Prepare for higher U.S. interest rates if Japan cuts its U.S. Treasury bond holdings. But…