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Gregg Easterbrook on the American Standard of Living

EconTalk

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The Possibility of Dreaming and Thinking I Wish I Had More

In the United States today, maybe 20% of our population would be an affluent class. But most people like that probably stridently describe themselves as middle class and say they don't have enough. The psychological data also shows that we very, improved circumstances very quickly becomes the norm for most people. And I'm not sure how the educational system or others could teach people to deal with this.

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