Falling behind: how rising inequality harms the middle class

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Publisher:
University of California Press,
Pub. Date:
c2007.
Language:
English
Description
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. In a book that explores the very meaning of happiness and prosperity in America today, 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 life to shed light on reigning models of consumer behavior. He also suggests reforms that could mitigate the costs of inequality. Falling Behind compels us to rethink how and why we live our economic lives the way we do.Copub: Russell Sage Foundation
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Grouped Work ID a0f7d627-b116-9ec1-8995-f949b9a9004f
full_title falling behind how rising inequality harms the middle class
author frank robert h
grouping_category book
lastUpdate 2017-10-09 04:59:11AM

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accelerated_reader_interest_level
accelerated_reader_point_value 0
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author Frank, Robert H.
author2-role (OCoLC)71146128, -2- -07-21-2013 16:53, -2- -10-08-2017 14:14, .b1304094704-29-1301-25-11, 0520252527 (pbk. : alk. paper), 305.55 FRANK, 5159863, 2006026248, 9780520252523 (pbk. : alk. paper), Aaron Wildavsky forum for public policy ;, Berkeley :University of California Press,c2007., C0VIA, Consumption (Economics), English qEnglish., Equality, Falling behind :how rising inequality harms the middle class /Robert H. Frank., Frank, Robert H., ITS58 car 20070725073826 ITS 2483ITS58 car 20070725073826 ITS 2483, Includes bibliographical references (p. 133-140) and index., Income distribution, 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., Middle class, OCLC Holdings Updated 20110802, The Aaron Wildavsky forum for public policy ;, VIAC, can01-25-11ma-, n-us---, qBibliographies., qBook., xiv, 148 p. :ill. ;21 cm.
author_display Frank, Robert H
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record_details ils:.b13040947|Book|Books||English|University of California Press,|c2007.|xiv, 148 p. : ill. ; 21 cm.
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series Aaron Wildavsky forum for public policy
series_with_volume Aaron Wildavsky forum for public policy|4.
subject_facet Consumption (Economics) -- United States, Equality -- Economic aspects -- United States, Income distribution -- United States, Middle class -- United States -- Economic conditions
title_display Falling behind : how rising inequality harms the middle class
title_full Falling behind : how rising inequality harms the middle class / Robert H. Frank
title_short Falling behind :
title_sub how rising inequality harms the middle class