Reviews

"Fascinating."--"Financial Times"
""The High-Beta Rich" is one that deserves to be read, and not just because it provides the rest of us with a cathartic dose of "schadenfreude" at the expense of the super-wealthy. Robert Frank makes a new, contrarian argument with important implications for economic policymaking: modern wealth is a far more volatile substance than is commonly believed." "The Economist"
" "
"Frank writes in a pleasingly breezy style and makes a convincing argument that the volatile earnings and spending of the high-beta rich have wound up distorting communities, the economy and government." "Bloomberg"
" "
"While the recession continues to wreak havoc in the economic lives of the nation's middle- and low-income population, Frank provides a cogent explanation of how megabillionaires have contributed to today's economic conditions and heightened economic inequities. Furthermore, he shows that few are genuinely interested in job creation or the long-ter