The Two-Income Trap

Harvard Law professor Elizabeth Warren has gotten lots of publicity for her new book The Two-Income Trap: Why Middle-Class Mothers and Fathers Are Going Broke, in which she argues that middle-income two-earner families have the greatest risk of bankruptcy. (Read reviews and/or interviews in the Harvard Gazette, Salon, Time, the Boston Globe, Harvard Magazine, the Chicago Tribune, and CBS News.)

If you don't feel like buying the book, you can read some of the academic work on which it was apparently based. Warren has just posted two of her recent law review articles on SSRN: Financial Collapse and Class Status: Who Goes Bankrupt?, and The Growing Threat to Middle Class Families.