The Complacent Class.

• Author: Mangu-Ward, Katherine
• Position: BOOK - The Complacent Class: The Self-Defeating Quest for the American Dream - Brief article - Book review

Everybody's favorite libertarian economist and blogger, Tyler Cowen, is back with his signature mix of despair and optimism, following up on The Great Stagnation and Average Is Over. His latest book, The Complacent Class: The Self-Defeating Quest for the American Dream (St. Martin's Press), tells the story of various American subtypes of the rich ("the privileged"), poor ("those who are stuck"), and middle class ("those who dig in"). These classes, Cowen says, have historically contained larger shares of big-thinking go-getters, but they are increasingly reconciled to the status quo.

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