Tuesday, April 22, 2014

TED talk: Keith Chen - Could your language affect your ability to save money?

An interesting talk (~12 minutes) by behavioral economist Keith Chen about the connections between language and savings behavior.

From the TED talk site: 

What can economists learn from linguists? Behavioral economist Keith Chen introduces a fascinating pattern from his research: that languages without a concept for the future — "It rain tomorrow," instead of "It will rain tomorrow" — correlate strongly with high savings rates.

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