This chapter analyzes the income growth of the typical American household since the 1950s, highlighting the disconnect between people's perceptions and the reality of increasing incomes. It explores the shift in expectations over the years and discusses how people gauge their well-being based on the experiences of others.
My new book, Same As Ever, comes out in a month.
It's about things that never change -- what's always happened in the world, and will keep repeating again and again?
This episode shares five examples.