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Saving or Borrowing Early in Life?

Posted by billspaced | 6:13 AM |


Here's an interesting story from one of my favorite sites, Freakonomics:

When I was a first-year assistant professor at the University of Chicago, my friend and department chair, Jose Scheinkman, relayed the advice Milton Friedman had given him 20 years earlier, “Don’t save too much.”

What do you think?



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