Spring 2017 Books by Princeton University Press

More catalogs by Princeton University Press | Spring 2017 Books | 148 pages | 2018-09-24


Page 61 of Spring 2017 Books

happiness for all unequal hopes and lives in pursuit of the american dream carol graham the declaration of independence states that all people are endowed with certain unalienable rights and that among these is the pursuit of happiness but is happiness equally available to everyone in america today how about elsewhere in the world carol graham draws on cutting-edge research linking income inequality with well-being to show how the widening prosperity gap has led to rising inequality in people’s beliefs hopes and aspirations for the united states and other developed countries the high costs of being poor are most evident not in material deprivation but rather in stress insecurity and lack of hope the result is an optimism gap between rich and poor that if left unchecked could lead to an increasingly divided society graham reveals how people who do not believe in their own futures are unlikely to invest in them and how the consequences can range from job instability and poor education to greater mortality rates failed marriages and higher rates of incarceration she describes how the optimism gap is reflected in the very words people use—the wealthy use words that reflect knowledge acquisition and healthy behaviors while the words of the poor reflect desperation short-term outlooks and patchwork solutions she also explains why the least optimistic people in america are poor whites not poor blacks or hispanics happiness for all highlights the importance of well-being measures in identifying and monitoring trends in life satisfaction and optimism—and misery and despair—and demonstrates how hope and happiness can lead to improved economic outcomes how the optimism gap between rich and poor is creating an increasingly divided society “carol graham uses well-being measures to bring new insights to the divisions that are threatening america far from dreaming of a better tomorrow many americans especially white americans are deeply pessimistic about their future and the futures of their children this book brings much to think and to worry about.” —angus deaton nobel laureate in economics carol graham is the leo pasvolsky senior fellow at the brookings institution and college park professor at the university of maryland’s school of public policy her books include the pursuit of happiness an economy of well-being and happiness around the world the paradox of happy peasants and miserable millionaires march 978-0-691-16946-0 cloth $29.95s 264 pages 20 line illus 12 tables 5 1/2 x 8 1/2 economics public policy press.princeton.edu academic trade 59