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Luxury Fever : Why Money Fails To Satisfy in an Era of Excess (99 Edition)by Robert H. Frank
Synopses & ReviewsPlease note that used books may not include additional media (study guides, CDs, DVDs, solutions manuals, etc.) as described in the publisher comments.
Publisher Comments:A new luxury fever has America in its grip. Independent of stock prices, recessions, and inflation rates, the past two decades have witnessed a spectacular and uninterrupted rise in luxury consumption. Ordinary, functional goods are no longer acceptable. Our cars have gotten larger, heavier, and far more expensive. Mansions larger than 30,000 square feet no longer seem extravagant. Wristwatches for the super-rich cost tens of thousands of dollars. We are living in an era of excess. Consider: Robert Frank caused a national debate in 1995 when he and co-author Philip Cook described the poisonous spread of "winner-take-all" markets. Now he takes a thought-provoking look at the flip side of spreading inequality: as the super-rich set the pace, everyone else spends furiously in a competitive echo of wastefulness. The costs are enormous: We spend more time at work, leaving less time for family and friends, less time for exercise. Most of us have been forced to save less and spend and borrow much more. The annual rate at which American families file for personal bankruptcy has grown to one in seventy. Budgetary pressures have reduced our willingness to fund even essential public services: Our food and water are increasingly contaminated. Potholes proliferate, and traffic delays double every ten years. Frank offers the first comprehensive and accessible summary of scientific evidence that our spending choices are not making us as happy and healthy as they could. Furthermore, he argues that human frailty is not at fault. The good news is that we can do something about it. We can make it harder for the super-rich to overspend, and capture our own competitive energy for the public good. "Luxury Fever" boldly offers a way to curb the excess and restore the true value of money. Synopsis:A new luxury fever has America in its grip. Independent of stock Table of ContentsCONTENTS Acknowledgments 1. Money Well Spent? 2. The Luxury Spending Boom 3. Why Now? 4. The Price of Luxury 5. Does Money Buy Happiness? 6. Gains That Endure 7. Our Forgotten Future 8. Excellent, Relatively Speaking 9. Why Context and Position Are So Important 10. Smart for One, Dumb for All 11. Understanding Conspicuous Consumption 12. Self Help? 13. Other Failed Remedies 14. Luxury Without Apology 15. Equity Versus Efficiency: The Great Trade-Off? 16. We Can't Afford It? 17. Cash on the Table Endnotes References Index What Our Readers Are SayingBe the first to add a comment for a chance to win!Product Details
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