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Falling Behind : How Rising Inequality Harms the Middle Class / / Robert Frank



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Autore: Frank Robert Visualizza persona
Titolo: Falling Behind : How Rising Inequality Harms the Middle Class / / Robert Frank Visualizza cluster
Pubblicazione: Berkeley, CA : , : University of California Press, , [2013]
©2013
Descrizione fisica: 1 online resource (177 p.)
Disciplina: 305.5/50973
Soggetto topico: Consumption (Economics) -- United States
Equality -- Economic aspects -- United States
Income distribution -- United States
Middle class -- United States -- Economic conditions
Soggetto non controllato: american class system
american middle class
american prosperity
arms race
class
consumer behavior
costs of inequality
debt
demographic studies
economic data
economic inequality
economic lives
economy
expenditure cascades
falling behind
happiness
income inequality
income
middle class families
middle class
money and power
money
power and wealth
public policy
record levels of debt
social expectations
sociology
spending money
spending power
wall street
wealth inequality
wildavsky forum series
Note generali: Description based upon print version of record.
Nota di contenuto: Frontmatter -- CONTENTS -- Preface to the 2013 Edition -- Preface to the 2007 Edition -- 1. Introduction -- 2. Recent Changes in Income and Wealth Inequality -- 3. Inequality, Happiness, and Health -- 4. Envy or Context? -- 5. The Rising Cost of Adequate -- 6. Why Do We Care about Rank? -- 7. What Types of Consumption Are Most Sensitive to Context? -- 8. How Can Middle-Class Families Afford to Keep Up? -- 9. Smart for One, Dumb for All -- 10. Looking Ahead -- 11. Lessons for Public Policy -- 12. Reflections -- Notes -- References -- Index
Sommario/riassunto: 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 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.
Titolo autorizzato: Falling Behind  Visualizza cluster
ISBN: 0-520-95743-1
Formato: Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione: Inglese
Record Nr.: 9910779838003321
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