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Chasing the American Dream - Understanding What Shapes Our Fortunes (Hardcover)
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Chasing the American Dream - Understanding What Shapes Our Fortunes (Hardcover)
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The American Dream lies at the heart and soul of the country. In
Chasing the American Dream, Mark Robert Rank, Thomas A. Hirschl,
and Kirk A. Foster provide a new and innovative look into the well
being of the dream in today's society. They combine for the first
time interviews with dozens of Americans, along with a longitudinal
study covering 40 years of income dynamics for the national
population. By weaving these approaches together, they create a
vibrant tapestry upon which to tell the story of the American
Dream. Their findings reveal a number of surprises. For most
Americans, the meaning of the American Dream lies not in wealth and
riches, but rather in economic security, pursuing one's passions,
and looking forward toward the future. Yet nearly 80 percent of the
population will experience significant economic insecurity at some
point between the ages of 25 and 60. In addition, the authors show
that the risk of economic vulnerability has been increasing
substantially over the past four decades. Yet in spite of these
trends, Americans remain upbeat about achieving the American Dream
at some point during their lifetimes, although many will struggle
to do so. The authors provide an innovative approach for thinking
about and increasing the accessibility of the American Dream in the
future. Chasing the American Dream provides readers with a new
understanding into the dynamics that shape our fortunes, and a
deeper insight into the centrality and importance of the American
Dream for the future of the country.
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