Ten-Year Anniversary of Lehman failure/Great Recession

Coverage continued through the weekend on this event, so here are just a few more good articles on the subject. 

• A special section of Sunday’s New York Times was devoted to the ten-year anniversary of the financial crisis. Here is one of the articles on where the next recession may come from.
• Along those lines, economics wonks are looking around every corner for the trigger for the next crisis. Business Insider brings you Martin Feldstein’s (President of the US National Bureau of Economic Research) view.
• Here is an interesting reflection on the Lehman failure from insider Madelyn Antoncic.
• Students graduating in the height of the recession may be earning less, but money does not buy happiness. (Harvard Business Review)      
• Finally, a different perspective (and a new vocabulary word) from the Buttonwood column of this week’s Economist: (millenarianism).

Education

• The sorry state of teacher pay in the US has been all over social media. Here is the article from TIME magazine if you haven’t seen it yet.
• (Here is the one from the New York Times two weeks ago – same subject.)
• Forbes brings us the story of a teacher who left the classroom and developed a million dollar education business instead.
• France attacks the controversial topic of cell phones in schools, banning them through ninth grade. What do you think? (New York Times)

Credit and Debt

• Here is this week’s column from Michelle Singletary of the Washington Post on the use of your home equity to pay off your credit cards. (Think twice about this.)

Fintech

• Fintech is going after millennials with new products designed around their preferences (not wanting to go to banks) and lifestyle. (Forbes)

Retirement

• We may be long into the current economic recovery, but the retirement crisis persists. (Business Wire)

Reading List – From Here to Financial Happiness: Enrich Your Life in 77 Days

• Jonathan Clements, who was on an investment panel at NGPF’s Summit last March (Podcast here), has come out with a new book to help you navigate/determine your relationship to money. He describes it here in his Humble Dollar Blog and Tim interviews him about the book on the most recent NGPF podcast!

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