The trio collaborated on another book, "The Fragile Middle Class," published in 2000, also relying on empirical research to demonstrate the precariousness of contemporary middle-class life.
Political choices, he argues, not economic laws, have made the United States a nation of the very rich, the very poor and an increasingly fragile middle class.
For Mexico's fragile middle class, even families with good jobs and credit histories are routinely forced to put off the simplest of dreams -- to own homes or small businesses -- until they can save enough money to pay in cash.
Now, in "The Fragile Middle Class" (Yale University Press, 2000), the same three writers -- Elizabeth Warren, Teresa A. Sullivan and Jay Lawrence Westbrook -- have refined their research and shown that behind most bankruptcy filings lies misfortune, not profligate living.
In "The Fragile Middle Class: Americans in Debt," published by Yale in 2000, Sullivan, Warren, and Westbrook reported the results of a follow-up study of another twenty-four hundred bankruptcy filings, these from 1991.
"When you're living in a place with home values up 50percentt, you have what Alan Greenspan calls a piggy bank," said Elizabeth Warren, a Harvard law professor and an author of "The Fragile Middle Class" (Yale University Press, 2000), a study of bankruptcy.
"When you're living in a place with home values up 50percentt, you have what Alan Greenspan calls a piggy bank," said Elizabeth Warren, a Harvard law professor who wrote "The Fragile Middle Class" (Yale University Press, 2000), a study of bankruptcy.
"The debtors in our sample include accountants and computer engineers, doctors and dentists, clerks and executives, salesclerks and librarians," they write in their new book, The Fragile Middle Class: Americans in Debt.
These cuts affected virtually every facet of the Malagasy economy and evaporated the fragile middle class.
Claims of intimidation against Irish Water could scare off the fragile middle class support and isolate what has been a national movement.
