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How do people actually behave when confronted with economic choices? And remember, almost every choice we make is economic. While our desires are boundless, our resources are limited and tradeoffs confront us at every turn.
Although middle-income families don't earn much more than they did several decades ago, they are buying bigger cars, houses, and appliances....
Elizabeth Warren anchors a panel on modern-day home economics.
Robert Frank discusses his book Richistan: A Journey Through the American Wealth Boom and the Lives of the New Rich.
Full of captivating profiles and expert insights into the lives and lifestyles of the nouveau riche, Richistan tells the real story of a new gilded age. The recent explosion of wealth has created a new breed of multimillionaires.
Author Robert Frank discusses his book "The Economic Naturalist: In Search of Explanations for Everyday Enigmas" as a part of the Authors@Google series.
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