As long as an article included accurate citations, he said he had "no problem" with it being used as a reference for younger students, although academics would "probably bebetteroffdoing their own research".
People wealthy enough to buy a diversified portfolio of shares and bonds directly would usually be far better-off doing so than investing in a fund, because of the fees managers charge, and the tax inefficiencies of this way of investing.
Will we bebetteroff if more Americans get a better education? (Applause.) Will we betteroff if we depend less on foreign oil and more on our own ingenuity? (Applause.) Will we bebetteroff if we start doing some nation-building at home?