Optimism Gap

Optimism Gap

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Mentioned in enlightenment now.

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The idea that a respondent to a survey often claims they are doing well, but that others are not.

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A majority of Americans believe that the standard of living of the middle class has declined while their own standard has improved.

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Memorabilia

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FILE TAGS

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philosophy/ethics impact/government

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FROZEN - Basic with Context:

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Context: Economics Studies

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Q: What is the optimism gap?

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A: A majority of Americans believe their own standard of living has improved, while those of the middle class has declined.

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(Pinker, Whitman 1998. Bernanke 2016; Meyer & Sullivan 2011.)

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