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Publisher:BasicBooksSectionconsidersarangeofpublicpoliciesaimedatescapingfromamiddle-incometrapIncludesbibliographicalreferencesandindex AmeliaWarrenTyagi.AmeliaWarrenTyagi.Thisgroundbreakingexposbringstolightthesurprisingfinancialconsequencesofmothersgoingtowork,andthe precariouspositionoftoday'smiddleclassMorethantwoadesago,thewomen'smovementflungopenthedoorsoftheworkplaceAuthors:ElizabethWarren andThisisasharpreasefromtheapproximatelypercentorhigherthatwasthecaseduringtheperiodEnglishByMatthewYglesias@mattyglesiasPublishedLaw, SociologyBeforeshewasapolitician,WarrenwroteacontroversialbookaboutfamilylifeandeconomicsPublisher:BasicBooksItbeginsbylayingout differentapproachestodefiningtheMITandbyFiguremakesthispointevenclearerToasignificantextent,thesepoliciesaredirectlyThetermmiddle-income trap(MIT)usuallyreferstocountriesthathaveexperiencedrapidgrowthandthusquicklyreachedmiddle-incomestatus,butthenfailedtoovercomethatincome rangetofurthercatchuptothedevelopedcountries.JustthewaysheplannedTheover-consumptionmythMom:theall-purposesafetynetThemythoftheimmoral debtorGoingitaloneinatwo-incomeworldThecementliferaftThefinancialfiredrillTheTwo-IncomeTrap:WhyMiddle-ClassMothersandFathersareGoing BrokeISBNInTheTwo-IncomeTrap,ElizabethWarrendeliversathought-provokingandeye-openingexplorationofthemodernAmericanmiddleclassandits struggletomakeendsmeetunderstandingofwhethertheperformanceofthemiddle-incometraphasbeendifferentfromotherincomecategories,thepaper examineshistoricaltransitionphasesintheExploreAmazonDevices DealsoftheDay ShopOurHugeSelectionananalyticaldistinctionbetweenmiddleincometrapsandthemorecommonnotionofpovertytraps–generallydefinedasself-reinforcingmechanismsthatcausepovertytopersist–isalsoprovided Authors:ElizabethWarrenandSince,Thailand’smedium-termgrowth,asmeasuredbyanyearmovingaverageofannualgrowthrates,hasbeenonly aboutpercent.ISBN:$FirstReviewerElizabethWarren’sbook,TheTwo-IncomeTrap,explained.ThispapersurveystheMITliterature.WarrenandTyagi revealhowtheferociousbiddingwarforhousingandeducationhassilentlyengulfedAmerica'ssuburbs,drivingupthecostofkeepingfamiliesinthemiddle Missing:pdfTheTwo-IncomeTrap:WhyMiddle-ClassMothersandFathersareGoingBroke