Publication Date

January 2007


[Excerpt] Yet, despite this unequivocally beneficial development, many Americans report dissatisfaction with where the economy seems to be headed, and many worry about their own and their children’s well-being. These concerns have led some policy makers and economists to ask: why aren’t people happier about the economy? The question seems reasonable to those who follow the top-line numbers of the economy, such as the growth of the total economy (e.g. gross domestic product), the stock market, or corporate profits. The question is easily answered, however, for those who follow and report on the data that fill the chapters of this book.


The abstract, table of contents, and first twenty-five pages are published with permission from the Cornell University Press. For ordering information, please visit the Cornell University Press.