Falling behind: how rising inequality harms the middle class

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Income, Poverty, and Inequality Financial Literacy, Pension, Retirement Analysis Social and Cultural Dynamics

Abstract

Preface 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

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