Optimism Gap

Optimism Gap

Mentioned in Enlightenment Now.

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

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

Memorabilia

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philosophy/ethics impact/government

FROZEN - Basic with Context:

Context: Economics Studies

Q: What is the optimism gap?

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

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