This and That: Invisible Hand, Tipping income and more…
The Invisible Hand on CBC
CBC Radio has a new show called The Invisible Hand that takes a look at how economics plays a role in our everyday lives. The latest episode titled Love and Economics explored the role that concepts such as supply and demand and comparative advantage play in marriages and romantic relationships. Previous episodes are archived here.
How tips worth billions go unreported
This Globe and Mail column discussed how wait staff at restaurants and bars report just zero to ten percent of their tip income on their taxes. It is surprising to learn that tips made through debit and credit cards are not included in the T4 slips of wait staff.
10 Investing Rules to Ignore?
The Financial Post featured a story on the 10 investing and personal finance rules that can be ignored. Some sound sensible but a lot of the rules still cannot be entirely ignored.
A case for dumping your money market fund
This column argues that rock-bottom interest rates are making money market funds unattractive. Though it targets US investors, Canadians also have the option of parking cash in high-interest savings accounts.
(Slightly) lower cable bills
The CRTC is directly cable companies to phase out the Local Programming Improvement Fund fee. Before you get too excited, the savings will only amount to 56 cents per month.