Brown′s argument is that there is in effect a revolution of rising expectations: as families experience an improvement in their material well–being she clearly documents how they begin to aspire to the consumption preferences of the next higher class. These changes in consumption patterns have wide ranging impacts on the surrounding economy, including women′s participation in the labour force and the growth of service industries.
The major findings of the book is that American living standards have not been falling and are higher, even for those in poverty, than is generally acknowledged. this book will add to the discussion about how much the US can expect living standards to increase for the next generation in a globalized economy.
2. Modelling and Measuring the Standard of Living.
3. Consuming the Products of Mechanization, 1918.
4. Living in the Midst of Depression, 1935.
5. Entering the Age of Affluence, 1950.
6. Reaching Economic Supremacy, 1973.
7. Living with Technological Change and Economic Stagnation, 1988.