Chasing the American Dream: Understanding What Shapes Our Fortunes
"This engaging and thought-provoking combination of thorough scholarship, narrative journalism, and policy analysis will resonate with readers interested in understanding American poverty and opportunity." -Library Journal"Rank and his colleagues achieve two important tasks in this book. They describe, in the words of average Americans whom they interviewed, what the 'American Dream' means. And then they show, through creative analyses of the hard data, how much that dream is being thwarted by the political economy of 21st century America. It makes for a poignant contrast." --Claude S. Fischer, PhD, Professor of Sociology, University of California, Berkeley"Over the last generation, the ideal of the American Dream and the reality of the American economy have increasingly clashed.  In this informed, and engagingly written book, Mark Rank takes us deep into the minds and lives of Americans of all walks of life as they build-and sometimes watch crumble-their own dreams. A powerful portrait of the ups and downs of a riskier and more unequal economy." --Jacob Hacker, PhD, Stanley B. Resor Professor Political Science; Director, Institution for Social and Policy Studies; Yale University"In his exceptionally important new book,Chasing the American Dream, Mark Rank shows how rising economic inequality has distorted the meaning of the American dream and circumscribed the opportunities of ordinary Americans. Rank combines interview and focus groups with the life history method he pioneered in earlier work to show the astonishing rate at which individuals move in and out of poverty and affluence and how initial advantages and disadvantages translate into patterns of cumulative inequality which define their lives. Written with exceptional clarity, illustrated with vivid individual stories, this book will engage scholars, students, and non-specialist readers who want to know what is happening to the elusive American dream." --Michael B. Katz, PhD, University of Pennsylvania, author ofThe Undeserving Poor: America's Enduring Confrontation with Poverty