Building Confidence through Financial Literacy: Sam Allgood, University of Nebraska-Lincoln
University of Nebraska-Lincoln economics professor Sam Allgood shares his perspective on the impact of financial literacy on good financial decisions. Sound financial decisions are no longer simply a matter of preferences, prices, and income, he says, referring to the microeconomic theory of consumer choice. He says: “You need more than that. We are all beginning to rethink how it is that we educate people.”
In addition to teaching at University of Nebraska-Lincoln, Professor Allgood is the chair of the American Economic Association’s Committee on Economic Education and the associate editor of the Journal of Economic Education. His research interests include economic education, and Professor Allgood has in the past explored the long-term effects of learning retention in economics students and its impact on financial decision making.