Falling Behind How Rising Inequality Harms the Middle Class

Name: Falling Behind How Rising Inequality Harms the Middle Class
Price: 3.71 USD
Availability: InStock
ISBN: 9780520280526

ISBN-10: 0520280520

ISBN-13: 9780520280526

Edition: 2nd 2013

Authors: Robert Frank

List price: $25.00

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Description:

With a timely new foreword by Robert Frank, this groundbreaking book explores the very meaning of happiness and prosperity in America today. Although middle-income families don't earn much more than they did several decades ago, they are buying bigger cars, houses, and appliances. To pay for them, they spend more than they earn and carry record levels of debt. Robert Frank explains how increased concentrations of income and wealth at the top of the economic pyramid have set off "expenditure cascades" that raise the cost of achieving many basic goals for the middle class. Writing in lively prose for a general audience, Frank employs up-to-date economic data and examples drawn from everyday…

Book details

List price: $25.00
Edition: 2nd
Copyright year: 2013
Publisher: University of California Press
Publication date: 9/14/2013
Binding: Paperback
Pages: 176
Size: 5.50" wide x 8.25" long x 0.50" tall
Weight: 0.440
Language: English



Preface to the 2013 Edition


Preface to the 2007 Edition



Introduction



Recent Changes in Income and Wealth Inequality



Inequality, Happiness, and Health



Envy or Context?



The Rising Cost of Adequate



Why Do We Care about Rank?



What Types of Consumption Are Most Sensitive to Context?



How Can Middle-Class Families Afford to Keep Up?



Smart for One, Dumb for All



Looking Ahead



Lessons for Public Policy



Reflections


Notes


References


Index