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Success and luck : good fortune and the myth of meritocracy
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ISBN: 9780691167404 0691167400 1400880270 0691178305 Year: 2016 Publisher: Princeton, NJ : Princeton University Press,

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Abstract

From New York Times bestselling author and economics columnist Robert Frank, a compelling book that explains why the rich underestimate the importance of luck in their success, why that hurts everyone, and what we can do about itHow important is luck in economic success? No question more reliably divides conservatives from liberals. As conservatives correctly observe, people who amass great fortunes are almost always talented and hardworking. But liberals are also correct to note that countless others have those same qualities yet never earn much. In recent years, social scientists have discovered that chance plays a much larger role in important life outcomes than most people imagine. In Success and Luck, bestselling author and New York Times economics columnist Robert Frank explores the surprising implications of those findings to show why the rich underestimate the importance of luck in success-and why that hurts everyone, even the wealthy.Frank describes how, in a world increasingly dominated by winner-take-all markets, chance opportunities and trivial initial advantages often translate into much larger ones-and enormous income differences-over time; how false beliefs about luck persist, despite compelling evidence against them; and how myths about personal success and luck shape individual and political choices in harmful ways.But, Frank argues, we could decrease the inequality driven by sheer luck by adopting simple, unintrusive policies that would free up trillions of dollars each year-more than enough to fix our crumbling infrastructure, expand healthcare coverage, fight global warming, and reduce poverty, all without requiring painful sacrifices from anyone. If this sounds implausible, you'll be surprised to discover that the solution requires only a few, noncontroversial steps.Compellingly readable, Success and Luck shows how a more accurate understanding of the role of chance in life could lead to better, richer, and fairer economies and societies.

Falling behind
Author:
ISBN: 0520957431 9780520957435 9780520251885 0520251881 9780520252523 0520252527 9780520280526 0520280520 Year: 2013 Publisher: Berkeley University of California Press

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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.

Keywords

Consumption (Economics) -- United States. --- Equality -- Economic aspects -- United States. --- Income distribution -- United States. --- Middle class -- United States -- Economic conditions. --- Middle class --- Income distribution --- Consumption (Economics) --- Equality --- Egalitarianism --- Inequality --- Social equality --- Social inequality --- Political science --- Sociology --- Democracy --- Liberty --- Bourgeoisie --- Commons (Social order) --- Middle classes --- Social classes --- Economic conditions --- Economic aspects --- Social conditions --- E-books --- 311.98 --- 313 --- 321.92 --- 339.325.0 --- US / United States of America - USA - Verenigde Staten - Etats Unis --- Bevolking naar de maatschappelijke klasse en stand. Wet van Pareto --- Levenswijze en levensstandaard. Levensminimum. sociale indicatoren (Studiën) --- Middenstand. Onafhankelijke werknemers --- Levensstandaard en verbruikspeil (algemeenheden) --- 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.


Book
Conformity : The Power of Social Influences
Authors: ---
ISBN: 1479896586 Year: 2019 Publisher: New York : Baltimore, Md. : New York University Press, Project MUSE,

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Abstract

"Conformity" explores the phenomena of social influences and their consequences from a legal perspective.

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