@JoeyBuntonFA@SenCharlesSumn1@brianneubert Well said. I hate the rules, but I don't fault TKR for trying to maximize his basketball income. He got his degree at Purdue, now it's time to take a year to get paid.
Abdullah and I talk about:
👉 why kids need to develop money habits early
👉 that money practice should be as part of family life
👉 that parents needs a context for providing money experiences for kids
👉 how to do it
This week's Decode Econ conversation is with @VCUEconEd.
We talk about How to Teach a Kid to Save, his book on building a mini economy at home. I thought it was a parenting book about money lessons..
@jmhorp Rebeck and Walstad WOULD write a paper just like this one though, so I'm not surprised they're what Gemini chose to hallucinate from. Check out Walstad's many papers on the effectiveness of K-12 Econ Ed. https://t.co/8qjKEcpe5e
@AffordAnything And you're correct, @AffordAnything . It's a standard finding in education research, though people are embarrassed to say it, because, well, it's unpopular. I did a study where we used both SAT and GPA as controls, and SAT was a much stronger predictor of student outcomes.
@EconChrisClarke I'm fine with them getting aid, but maybe the amount spent on it doesn't need to increase as fast as it has been. Esp if one of those programs is a large part of a big structural budget deficit. I think spending control needs to be on the table.