The Declaration of Independence states that all people are endowed with certain unalienable rights, and that among these is the pursuit of happiness. But is happiness available equally to everyone in America today? How about elsewhere in the world? Carol Graham draws on cutting edge research...

Frontmatter -- Contents -- Illustrations -- Tables -- Preface -- 1 Introduction -- 2 What Happened to Horatio Alger? -- 3 Who Believes in the American Dream? -- 4 The High Costs of Being Poor in the Land of the Dream -- 5 Well-Being, Aspirations, and Outcomes -- 6 Can We Save the Dream? --...

Editor's summary -- Competing concepts of inequality in the globalization debate Martin Ravallion -- Channels from globalization to inequality : productivity world versus factor world William Easterly -- Health in an age of globalization Angus Deaton -- Assessing the impact of globalization on...