What Defines Middle Class Life. A Q&A With Economist Homi Kharas.

The middle class is growing globally even as it’s shrinking in the U.S. In this week’s books Q&A, economist Homi Kharas explains what that means. The growth of the global middle class is the “biggest economic megatrend of our day,” says Homi Kharas, author of the new book. Kharas is also an economist at the Brookings Institution and a veteran of the World Bank.