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Consumers’ Shift to Debt

Matthew P. Drennan

in Income Inequality: Why It Matters and Why Most Economists Didn't Notice

Published in print:
2015
Published Online:
May 2016
ISBN:
9780300209587
eISBN:
9780300216349
Item type:
chapter
Publisher:
Yale University Press
DOI:
10.12987/yale/9780300209587.003.0004
Subject:
Political Science, Public Policy

Debt of households has been rising rapidly since 1995. The debt to income ratio of the bottom 95 percent of the income distribution has risen well above 140 percent. The same measure for the top five ... More


Economic Security *

Mike Berry

in The Affluent Society Revisited

Published in print:
2013
Published Online:
January 2014
ISBN:
9780199686506
eISBN:
9780191766374
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199686506.003.0005
Subject:
Economics and Finance, History of Economic Thought

A key plank of Galbraith’s argument concerning the impact of affluence on contemporary society was the claim that the age-old problem of economic insecurity had all but disappeared as a factor in ... More


Mobility and Insecurity: Dilemmas of the Black Middle Class

Todd M. Michney

in Surrogate Suburbs: Black Upward Mobility and Neighborhood Change in Cleveland, 1900-1980

Published in print:
2017
Published Online:
September 2017
ISBN:
9781469631943
eISBN:
9781469631967
Item type:
chapter
Publisher:
University of North Carolina Press
DOI:
10.5149/northcarolina/9781469631943.003.0006
Subject:
History, African-American History

This chapter considers the structural factors and life dilemmas upwardly mobile black Clevelanders faced even after achieving geographic mobility, and explicates the dynamic whereby less-affluent ... More


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