Monday, January 14, 2013

Video Clip: Mind over Money

PBS NOVA: Mind over Money

The behavioral psychology associated with money. The opening scene shows an experiment in which people bid on a $20 bill. The catch is that the highest bid will get $20, but the second highest bidder will have to pay the amount they bid. And bidding ends up going over the $20 the bill is worth.

Then it explores the aftermath of the worst financial crisis since the Great Depression, NOVA presents "Mind Over Money"—an entertaining and penetrating exploration of why mainstream economists failed to predict the crash of 2008 and why we so often make irrational financial decisions. The program reveals how our emotions interfere with our decision-making and explores controversial new arguments about the world of finance. In the face of the recent crash, can a new science that aims to incorporate human psychology into finance—behavioral economics—help us make better financial decisions?

Saturday, January 12, 2013

$100,000 Bill!? The Stories Behind The Biggest Coins And Bills In U.S. History (PHOTOS): via HuffPost http://huff.to/VuAj9U

Friday, January 11, 2013

Confidence, a Depression-era cartoon starring Oswald the Lucky Rabbit

https://www.youtube.com/watch?v=VjGTCchapOk

Thursday, January 10, 2013

You guys.

There are J.S.G. Boggs prints at the Art Institute RIGHT NOW

http://www.artic.edu/aic/collections/artwork/artist/Boggs,+J.+S.+G.

And we can maybe see them!

According to my friend who works at the Art Institute and also according to mine own eyes and this here internet, none of bills are on view currently - they're all in storage. However, they're in the Prints & Drawings dept, which has a study center - which means it's possible we may be able to have them pulled out of storage so we can study them. My friend has no particular connections with this department, so unfortunately there aren't any strings to pull. But it looks like we can contact the study center ourselves and set something up.

http://www.artic.edu/collections/goldman-study-center

"Appointments to view selections from the collection of prints and drawings can be made by calling (312) 443-3660 or by e-mailing pdstudy@artic.edu."

Looks like appointments can only be made Tues-Friday mornings (for groups) or Tues-Thursday afternoons (for losers). I work right around the corner and can easily spend a lunch checking this out...anyone else?