Not Ready for The Real World

I know elementary school teachers, coaches, and your parents told you that all that matters is that you do your best. Unfortunately, they all lied to you. The professor who wrote this was responding to a fictional (albeit realistic) scenario: how would you respond to a student who asked for a grade change on a[…]

Do Social Security Benefit Statements Affect Worker Behavior?

Beginning in 1995 and then more broadly in 2000, the Social Security Administration (SSA) began mailing hard copy statements of estimated benefits to workers (the “Statements”; see the the SSA website). Included in the Statements were available disability insurance (DI) benefits and estimated monthly benefits at certain retirement ages, along with other information. The SSA[…]

Building Wealth: Just Enough Confidence Required

If you have ever worked for a leader who lacks confidence, you know how painful your daily slog can be. A leader’s dearth of confidence can suppress opportunities of superstar employees or lead to an inability to secure resources, including pay, promotions, and bonuses, for team members. Great leaders balance confidence with realism and perspective,[…]