Robert Frank on Happiness

Here is an article by Robert H. Frank on creating more happiness in a world without consumer excess.

Frank pioneered heterodox economic thought on “cost cascades”–how inequality leads to competitive social behavior that inflates the price of conspicuous necessary goods, such as houses and education, to the marked detriment of less-conspicuous necessary goods and services.

(This Frank article was published in the liberal American Prospect, which is hit or miss–not something I’d rely on for analysis, but occasionally offering up something thought-worthy. Kind of like liberalism.)


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