Posts Tagged ‘income’

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    Why Are Most of Us Middle Class?

    Aug 28, 12 • 421 Views • No Comments

    “What then is the American, this new man?…He is an American, who, leaving behind him all his ancient prejudices and manners receives new ones from the new mode of life he has embraced, the new government he obeys, and the new rank he......  [read more]

  • Our Transportation Infrastructure is Crumbling

    Cars and the Middle Class in Developing Nations

    May 26, 12 • 522 Views • No Comments

    What does it mean to be middle class? For a developing nation like China, income might be the key. If someone earns between $10 and $50 a day, then that person is middle class. Or perhaps you just need to be able to buy a tall macchiato at a Starbucks or a......  [read more]

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    What’s Cheap? What’s Expensive?

    Sep 10, 11 • 527 Views • 5 Comments

    Starting with, “…eating and clothing ourselves is getting easier all the time,” an Atlantic article discusses “cheap” and “expensive.” Relatively cheap: computers media toasters, washing machines, other manufactured......  [read more]

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    Are the Rich Getting Richer?

    Jun 30, 11 • 406 Views • No Comments

    Their conclusion was clear. A recent Federal Reserve study tells us that the rich are getting richer. A closer look, though, reveals it is a lot more complicated. We need to be aware of two issues. How should we define income and wealth? Calculating income,......  [read more]

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    More About Money and Happiness

    Jul 6, 10 • 453 Views • 2 Comments

    If you want to know whether money relates to happiness, you might first decide what makes you happy. A Gallup World Poll of 136,000 people in 132 countries from 2005-2006 focused on 2 variables: “life satisfaction” and “enjoyment of......  [read more]