September 25, 2011

'There's a Lot of Pits to Fall Into, and It's Easy to Overspend Your Money'

5 Minutes With Morgan Hartley, a U. of Chicago Student Who Teaches Urban Students About Finance 1

Courtesy of Morgan Hartley

Morgan Hartley with two of his students at South Shore High School, in Chicago.

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close 5 Minutes With Morgan Hartley, a U. of Chicago Student Who Teaches Urban Students About Finance 1

Courtesy of Morgan Hartley

Morgan Hartley with two of his students at South Shore High School, in Chicago.

By Rachel Wiseman

The University of Chicago is known for its economics faculty, which promotes the notion of a free-market economy and has been criticized as encouraging decisions that led to the current recession. Not far from the campus, the effects of the depressed economy are visible on Chicago's South Side, with empty lots, foreclosed buildings, and high-interest lenders nearby.

Wanting to help in a hands-on way, a group of Chicago undergraduates interested in finance and investment started an

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