Another Dignified Letter from a Remarkably Presidential Candidate

July 3rd, 2012

By Dan Miller An advance copy of this beautiful letter came mysteriously into my possession. President Obama may not have written it with his very own hand, but it is no less dignified or candid than his previous epistles. I am for the very first time in my life truly proud to post it here. […]

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How NOT to Raise Spoiled Brats

March 1st, 2011

By Dr. Jim Taylor In “How to Raise Spoiled Brats,” I described what I have seen as a rise in spoiled and fiscally irresponsible brats among both wealthy and less affluent families. Several commenters suggested that it’s impossible to not raise spoiled brats in a moneyed family, in particular, because it is such an ever-present […]

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Parenting: Allowances to Teach Fiscal Responsibility

February 26th, 2011

By Dr. Jim Taylor When parents teach their children the value of money and financial responsibility, children learn one of the most important and practical lessons in preparation for adulthood. Unfortunately, these lessons aren’t readily learned in our country today. Americans, with their ravenous appetites for conspicuous consumption, have never been more fiscally irresponsible. Americans, […]

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How to Raise Spoiled Brats

February 22nd, 2011

By Dr. Jim Taylor In my consulting practice, I work with many families, both high-net-worth and those less affluent. I am constantly amazed at how nonchalant (or even downright neglectful) the parents are in their children’s fiscal education in both of these income groups. Despite the fact that many of the well-to-do parents grew up […]

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Cargo Cult Economics

December 18th, 2010

By Brianna Aubin Pretend that you are on a desert island with six other people.  One guy hunts, another fishes, a third collects firewood, the fourth hauls water, the fifth gathers fruits and vegetables, the sixth builds huts, and you … eat.  Yes, that’s right.  Your job is eating.  You pick up seashells off the beach, and […]

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