Falling behind: how rising inequality harms the middle class

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Publisher:
University of California Press,
Pub. Date:
[2007]
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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ISBN:
9780520252523
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Grouping Information

Grouped Work IDa0f7d627-b116-9ec1-8995-f949b9a9004f
Grouping Titlefalling behind how rising inequality harms the middle class
Grouping Authorfrank robert h
Grouping Categorybook
Last Grouping Update2019-09-29 04:52:47AM
Last Indexed2019-11-17 04:48:55AM

Solr Details

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Bib IdFormatFormat CategoryEditionLanguagePublisherPublication DatePhysical Description
ils:.b13040947BookBooksEnglishUniversity of California Press, [2007]xiv, 148 pages : illustrations ; 21 cm.
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ils:.b13040947.i13067230On ShelfOn Shelffalsetruetruefalsefalsetrue9999
seriesAaron Wildavsky forum for public policy
series_with_volumeAaron Wildavsky forum for public policy|4
subject_facetConsumption (Economics) -- United States
Equality -- Economic aspects -- United States
Income distribution -- United States
Middle class -- United States -- Economic conditions
title_displayFalling behind : how rising inequality harms the middle class
title_fullFalling behind : how rising inequality harms the middle class / Robert H. Frank
title_shortFalling behind
title_subhow rising inequality harms the middle class