Pound Foolish, a new book by freelance writer Helaine Olen, pulls back the curtain on the ubiquitous personal finance industry. She identifies many problems but suggests that the ultimate solutions will require a massive collective effort, not smaller personal ones. Olen feels a bit guilty for her part in the financial self-help “juggernaut.” She wrote… Read more

Many professional bond investors have fretted for several years about the possibility of a bout of inflation. The government has injected a lot of money into the economy in the wake of the financial crisis. At some, point, they reasoned, all of that stimulus would gain traction and lead to higher prices and tighter monetary… Read more