'Money illusion' explains why side hustles are making you poorer New research shows that for many, a side hustle is not helping to boost their financial position ...

Money illusion posits that people have a tendency to view their wealth and income in nominal dollar terms, rather than recognize their real value, adjusted for inflation.; Economists cite factors ...

'Money illusion' explains why side hustles are actually making you poorer… and how you can earn more. READ MORE: My side hustle now makes $147m a year and is sold in Walmart By ALICE WRIGHT FOR ...

Money illusion obfuscates the effect of inflation. For example, here in Indiana, the combination of inflation and the real effect of household relocation caused home prices to rise in many places.

Money illusion is the mistaken assumption that a dollar this year will be worth the same as a dollar next year. Say you put $1,000 in a savings account with a 1% APY in 2023. If you didn’t touch ...

“Money Illusion,” a classic 1997 paper by economists Eldar Shafir and Peter Diamond and psychologist Amos Tversky, found that in periods of high inflation, employers can get away with giving ...

Hicks: Money illusion and inflation. Michael Hicks. Ball State University. MUNCIE, Ind. – Inflation is the decline in the value of currency caused by an increase in the supply of money.

“Money Illusion,” a classic 1997 paper by the economists Eldar Shafir and Peter Diamond and the psychologist Amos Tversky, found that in periods of high inflation, employers can get away with ...