Chasing the American Dream Understanding What Shapes Our Fortunes
- ISBN 13:
- ISBN 10:
- Edition: Reprint
- Format: Paperback
- Copyright: 03/01/2016
- Publisher: Oxford University Press
Note: Not guaranteed to come with supplemental materials (access cards, study guides, lab manuals, CDs, etc.)
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In Chasing the American Dream, leading social scientists Mark Robert Rank, Thomas A. Hirschl, and Kirk A. Foster provide a new and innovative look into a curious dynamic -- the tension between the promise of economic opportunities and rewards and the amount of turmoil that Americans encounter in their quest for those rewards. The authors explore questions such as:
-What percentage of Americans achieve affluence, and how much income mobility do we actually have?
-Are most Americans able to own a home, and at what age?
-How is it that nearly 80 percent of us will experience significant economic insecurity at some point between ages 25 and 60?
-How can access to the American Dream be increased?
Combining personal interviews with dozens of Americans and a longitudinal study covering 40 years of income data, the authors tell the story of the American Dream and reveal a number of surprises. The risk of economic vulnerability has increased substantially over the past four decades, and the American Dream is becoming harder to reach and harder to keep. Yet for most Americans, the Dream lies not in wealth, but in economic security, pursuing one's passions, and looking toward the future. Chasing the American Dream provides us with a new understanding into the dynamics that shape our fortunes and a deeper insight into the importance of the American Dream for the future of the country.