Thursday, July 20, 2017
Dream Hoarders: How the American Upper Middle Class Is Leaving Everyone Else in the Dust, Why That Is a Problem, and What to Do about It
Dream Hoarders: How the American Upper Middle Class Is Leaving Everyone Else in the Dust, Why That Is a Problem, and What to Do about It, Brookings senior fellow Richard V. Reeves explores the ways in which the top 20% of earners are securing advantages for us and their progeny. Ouch. If you thought economic inequality is because of the earnings of the top small fraction of 1%, Reeves wants you to look in the mirror. Reeves forces upper middle class readers to think about class in the United States, and the consequences of ongoing inequality as the upper middle class solidifies its position across generations. He punches holes in the myth of a meritocracy because of the advantages that come with birth into an upper middle class family. Agree or disagree, this book is worth reading by anyone interested in public policy. Rating: Four-star (I like it) Click here to purchase Dream Hoarders from amazon.com.