Drawing on the groundbreaking U.S. Financial Diaries project (http://www.usfinancialdiaries.org/), which follows the lives of 235 low- and middle-income families as they navigate through a year, the authors challenge popular assumptions about how Americans earn, spend, borrow, and save-- and they identify the true causes of distress and inequality for many working Americans.

No one likes to believe that America has its own aristocracy, but the families described in this narrative share how these American families climbed the social ladder and their resulting legacies. Approached from a historical lens, learn about the great and influential families, their rise and sometimes their fall, including the following families:Vanderbilt, Rockefeller, Ford, Getty, Hearst, Morgan, Astor, Coors, Adams, Kennedy, Nampeyo, Wyeth, Carter, and Barrymore.

Over the last forty years, the number of American households with a stay-at-home parent has dwindled as women have increasingly joined the paid workforce and more women raise children alone. Many policy makers feared these changes would come at the expense of time mothers spend with their children. In Changing Rhythms of American Family Life, sociologists Suzanne M. Bianchi, John P. Robinson, and Melissa Milkie analyze the way families spend their time and uncover surprising new findings about how Americans are balancing the demands of work and family. Using time diary data from surveys of American parents over the last four decades, Changing Rhythms of American Family Life finds that—despite increased workloads outside of the home—mothers today spend at least as much time interacting with their children as mothers did decades ago—and perhaps even more. Unexpectedly, the authors find mothers' time at work has not resulted in an overall decline in sleep or leisure time. Rather, mothers have made time for both work and family by sacrificing time spent doing housework and by increased "multitasking." Changing Rhythms of American Family Life finds that the total workload (in and out of the home) for employed parents is high for both sexes, with employed mothers averaging five hours more per week than employed fathers and almost nineteen hours more per week than homemaker mothers. Comparing average workloads of fathers with all mothers—both those in the paid workforce and homemakers—the authors find that there is gender equality in total workloads, as there has been since 1965. Overall, it appears that Americans have adapted to changing circumstances to ensure that they preserve their family time and provide adequately for their children. Changing Rhythms of American Family Life explodes many of the popular misconceptions about how Americans balance work and family. Though the iconic image of the American mother has changed from a docile homemaker to a frenzied, sleepless working mom, this important new volume demonstrates that the time mothers spend with their families has remained steady throughout the decades.

Changes in family and household composition are part of every individual's life course. Childhood families expand and contract; the individual leaves to set up an independent household; he or she may marry, raise children, lose a spouse. These transitions have a profound effect on the economic and social well-being of individuals, and the relative prevalence of different living arrangements affects the very character of society. American families and Households takes advantage of the large samples provided by the decennial censuses to document recent major transformations in the individual life cycle and consequent changes in the composition of the American population. As James Sweet and Larry Bumpass demonstrate, these changes have been dramatic—rates of marriage and childbirth are down, rates of marital disruption are up, and those who can are more likely to maintain independent households despite the rapid acceleration of change during recent years, however, the authors find that contemporary trends are continuous with long-term changes in Western society. This meticulous work makes a significant contribution to our understanding of the American Family and the individual life experiences that are translated into the larger population experience. "Jim Sweet and Larry Bumpass provide detailed descriptions of three components of the households and families of Americans: family transitions; the prevalence of different family and household arrangements; and the economic and social circumstances of people living in different types of families and households....As a reference work, the volume is a gold mine, with many rich veins of useful information....Anyone interested in American families and how they have been changing will want to refer to this volume." —American Journal of Sociology A Volume in the Russell Sage Foundation Census Series