Are Personal Finance Gurus Giving You Bad Advice? (Update)

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). “…