Bob Frank's research on the perils of income inequality lauded in NYT OpEd

11/9/2010 2:10:00 PM

Concurring with Frank et al., opinion piece discusses the by-product 'keeping up with the Joneses' effect of income inequality

In "Our banana republic," (New York Times, Nov. 6, 2010), Nicholas Kristof states: "Inequality isn’t just an economic issue but also a question of human dignity and happiness.

Mounting evidence suggests that losing a job or a home can rock our identity and savage our self-esteem. Forced moves wrench families from their schools and support networks.

In short, inequality leaves people on the lower rungs feeling like hamsters on a wheel spinning ever faster, without hope or escape."

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