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Public opinion surveys suggest that almost all Americans — regardless of how much money they make — characterize themselves as "middle class." So where is the dividing line between middle-class and wealthy? Author Robert Frank discusses how wealth is defined in the United States and overseas.

Guest:

Robert Frank, writes the "Wealth Report" column for The Wall Street Journal; author of Richistan: A Journey Through the American Wealth Boom and the Lives of the New Rich

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