Luxury Fever

Robert H. Frank

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Author
Robert H. Frank
Publish Date
2010-04-04
Book Type
Paperback
Publisher Name
Princeton University Press
Subtitle
Weighing the Cost of Excess
Number of Pages
336
ISBN-10
0691146934
ISBN-13
9780691146935
citemno
125755
SKU
9780691146935

Description

The turn of the twenty-first century witnessed a spectacular rise in gross consumption. With the super-rich setting the pace, everyone spent furiously in a desperate attempt to keep up. As cars and houses grew larger and more expensive, the costs were enormous--not only monetarily but also socially. Consumers spent more time at work and less time with their family and friends; they saved less money and borrowed more.

In this book, Robert Frank presents the first comprehensive and accessible account of these financial choices. Frank uses scientific evidence to demonstrate how these spending patterns have not made us happier or healthier. Luxury Fever offers an exit from the rat race, suggesting ways to curb the culture of excess and restore true value to our lives.