Book 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…
Why read it?
1 author picked Falling Behind as one of their favorite books. Why do they recommend it?
Frank is, in my view, one of the most engaging writers on inequality.
He has developed interesting insights like the “winner takes-all society”: the idea that we live in a world in which a small group of people reaps most of the benefits in all markets from sports to music or academia.
In Falling Behind, Frank shows how inequality does not only harm the poor but the middle class as well.
I like how he combines economic data with many examples to show how consumption patterns among the wealthy lead to an “expenditure cascades” that force the middle class…
From D.'s list on inequality as one of our significant challenges.
If you love Falling Behind...
December on 5C4
Magical realism meets the magic of Christmas in this mix of Jewish, New Testament, and Santa stories–all reenacted in an urban psychiatric hospital!
On locked ward 5C4, Josh, a patient with many similarities to Jesus, is hospitalized concurrently with Nick, a patient with many similarities to Santa. The two argue…
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