Inequality, Consumption, & Happiness: Why We've Never Had It So Good
How well-off are we? Using economic data, economics professor Steve Horwitz addresses questions about inequality, consumption, happiness, and well-being. Are the rich getting richer and the poor getting poorer? Is there income mobility in the United States? Are Americans happy? Are we "objectively" better off than we used to be? This lecture was taped in 2010 at the IHS summer seminar, "Morality, Capitalism, & Freedom" at Wake Forest University.