Defining the middle class: Cash, credentials, or culture?

The economist Robert Solow noted that “there is no shortage of talk about the middle class”—and that was 10 years ago. Concern about the fate of the middle class is now almost universal. But there is nothing approaching a universal definition. There is a kaleidoscopic range of definitions of the middle class, from a wholly … Continue reading Defining the middle class: Cash, credentials, or culture?