December 23, 2009, Featured Articles
The Passion of Anna
Economist Annamaria Lusardi started studying financial literacy in 2000. She soon realized that it's not a luxury for the few. It's an empowerment tool for the many.
Soon after Annamaria Lusardi began her research into financial literacy in the United States—or rather, into the average American's lack of financial literacy—she experienced a professorial epiphany of sorts.
The Dartmouth economist realized that financial literacy is not a trivial topic, as some of her peers once scoffed. On the contrary, she sensed that anyone who can't grasp concepts like compound interest is bound to fail in a 21st century society.
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