Books by Robert Frank
NPR stories about Robert Frank
"The rich are not only getting richer — they are becoming more dangerous." That's according to Wall Street Journal writer Robert Frank, whose new book, The High-Beta Rich, shows how the spending of the top 1 percent has become "the most unstable force in the economy."
Author Robert Frank discusses his book, Richistan, in which he argues that a new class of wealthy individuals are spending differently than traditional blue-blood millionaires. He describes life in an insulated world of wealth he calls Richistan, where everything is bigger, and conspicuous consumption is the goal.