Most people confuse two ideas: money pyramid and stock market investment. The majority of the people know their definitions, understand the drawbacks of pyramids, however, they miss the main point. The research contributes to the development of financial literacy among Kazakh people because the...

In his best-selling Irrational Exuberance, Robert Shiller cautioned that society's obsession with the stock market was fueling the volatility that has since made a roller coaster of the financial system. Less noted was Shiller's admonition that our infatuation with the stock market distracts us...