DOCSLIB.ORG

Family Cash Balances, Income, and Expenditures

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Family Cash Balances, Income, and Expenditures Family cash balances, Fiona Greig income, and expenditures Erica Deadman trends through 2021 Pascal Noel A distributional per spective MAY 2021 Abstract The COVID-19 pandemic resulted in unprecedented eco- with faster spend-down for families that are lower-income, nomic changes that impacted families’ financial positions. younger, or working in essential industries. Furthermore, the In this report, the JPMorgan Chase Institute uses adminis- mechanisms for initial pandemic balance increases differed trative banking data to assess checking account balances by family income. Despite greater job losses, low-income in conjunction with household income and spending. We families experienced balance increases driven by increases analyze activity from 1.7 million families who were active in income, due in part to government supports. High-income checking account users between December 2018 and families, in contrast, experienced balance increases despite January 2021 to understand changes in household finances decreases in account inflows because of large concurrent during the COVID-19 pandemic. We find that cash balances decreases in account outflows. Altogether, our results temporarily increased by roughly 70 percent after the offer new insights into families’ financial lives and cash arrival of stimulus payments in April 2020 and January 2021, balances during the COVID-19 pandemic, and contribute with lower-income and younger account holders experi- to the ongoing understanding of the economic impacts encing the largest balance increases on a percent basis. of the pandemic and associated government supports. Balances fell continuously after the stimulus payments, About the Institute The JPMorgan Chase Institute is harnessing the scale and scope of one of the world’s leading firms to explain the global economy as it truly exists. Drawing on JPMorgan Chase’s unique proprietary data, expertise, and market access, the Institute develops analyses and insights on the inner workings of the economy, frames critical problems, and convenes stakeholders and leading thinkers. The mission of the JPMorgan Chase Institute is to help decision makers—policymakers, businesses, and nonprofit leaders—appreciate the scale, granularity, diversity, and interconnectedness of the global economic system and use timely data and thoughtful analysis to make more informed decisions that advance prosperity for all. Table of Contents 3 Executive Summary 16 Finding Five Income increased for low-income house- holds despite greater job losses, due 6 Finding One in part to government suppor ts. Cash balances increased temporarily by roughly 70 percent in April 2020 and Januar y 2021, after the arrival of stimulus payments, but 19 Finding Six fell continuously after those payments. After initial spending decreases across the income distribution, low-income families rebounded to higher-than-usual spending 9 Finding Two while high-income families remain roughly at Households with lower star ting liquid balances—low- parit y with prior trends. er-income and younger account holders—experienced the largest balance increases on a percent basis, but lost those initial balance gains the fastest. 25 Implications 12 Finding Three 26 Appendix We see faster spend-down in liquid assets among families with essential workers. 28 Data Explanation 14 Finding Four 35 References Initial pandemic balance increases for low-income families were driven by increases in account inflows, while high-income families offset decreases 36 Endnotes in inflows by larger decreases in outflows. 38 Acknowledgements and Suggested Citation Executive Summary Finding 1: Cash balances increased temporarily by roughly 70 percent in April 2020 and January 2021, after the arrival of stimulus payments, but fell continuously after those payments. Balances increased across the distribution, with greater relative percent changes at the low end Year-over-year percent change in weekly balances National Emergency EIP distributed fro declared Mar 13, 2020 Treasury Jan 4, 2021 EIP distributed from Treasury Apr 15, 2020 100% 80% 60% 40% 20% 0% Jan 4 Feb 8 Mar 14 Apr 18 May 23 Jun 27 Aug 1 Sep 5 Oct 10 Nov 14 Dec 19 Jan 23 2021 End of week 25th percentile Median 75th percentile 90th percentile Source: JPMorgan Chase Institute View text version Finding 2: Households with lower starting liquid balances—lower-income and younger account holders—experienced the largest balance increases on a percent basis, but lost those initial balance gains the fastest. Low-income families saw the greatest year-over-year percent balance gains, but depleted those gains faster than high-income families Year-over-year percent change in median weekly balances, by income uartile National Emergency EIP distributed fro declared Mar 13, 2020 Treasury Jan 4, 2021 EIP distributed from Treasury Apr 15, 2020 100% 80% 60% 40% 20% 0% Jan 4 Feb 8 Mar 14 Apr 18 May 23 Jun 27 Aug 1 Sep 5 Oct 10 Nov 14 Dec 19 Jan 23 2021 End of week 1st income quartile 2nd income quartile 3rd income quartile 4th income quartile Note: We assign households into inco e quartiles based on their total labor inco e fro 2019. Households in inco e quartile 1 earned between $12,000 and $30,296 in labor inco e; quartile 2 households earned $30,296 to $44,955; quartile 3 households earned $44,955 to $68,896; and quar tile 4 households earned ore than $68,896. Source: JPMorgan Chase Institute View text version Family cash balances, income, and expenditures trends through 2021 Executive Summary 3 Finding 3: We see faster spend-down in liquid assets among families with essential workers. Finding 4: Initial pandemic balance increases for low-income families were driven by increases in account inflows, while high-income families offset decreases in inflows by larger decreases in outflows. Balances grew initially due to increased account inflows and decreased outflows Year-over-year percent change in median account inflows, Year-over-year percent change in median account outflows, y income quartile (four-week periods) y income quartile (four-week periods) National National Emergency EIP distributed Emergency EIP distributed declared from Treasury declared from Treasury Mar 13, 2020 Jan 4, 2021 Mar 13, 2020 Jan 4, 2021 EIP distributed from EIP distributed from Treasury Apr 15, 2020 40% 30% Treasury Apr 15, 2020 30% 20% 20% 10% 10% 0% 0% -10% -10% Feb 22 Apr Jun Aug Oct Nov Jan 23 Feb 22 Apr Jun Aug Oct Nov Jan 23 2020 18 13 8 3 28 2021 2020 18 13 8 3 28 2021 End of four-week period End of four-week period 1st income quartile 2nd income quartile 3rd income quartile 4th income quartile No e: We assign households in o income quar iles based on heir o al labor income from 2019. Households in income quar ile 1 earned be ween $12,000 and $30,296 in labor income; quar ile 2 households earned $30,296 o $44,955; quar ile 3 households earned $44,955 o $68,896; and quar ile 4 households earned more han $68,896. Source: JPMorgan Chase Ins i u e View text version View text version Finding 5: Income increased for low-income households despite greater job losses, due in part to government supports. Finding 6: After initial spending decreases across the income distribution, low-income families rebounded to higher- than-usual spending while high-income families remain roughly at parity with prior trends. 4 Executive Summary Family cash balances, income, and expenditures trends through 2021 Introduction More than a year after the declaration for families during the COVID-19 Second, we rely on direct-deposited of national emergency on March pandemic, and how does this differ paychecks to measure labor income 13, 2020, the COVID-19 pandemic across families—by demographic and industry of employment. Income continues to constrain economic characteristics and industry of received via other channels will not activity in unprecedented ways. employment? And second, what be captured in our measurements Restrictions on group gatherings and are the drivers of these observed of these concepts. In addition, our non-essential outings make certain changes in balance? Specifically, primary income metric reflects businesses untenable, leading to how have consumer income, take-home income, different from layoffs and closures. In other indus- spending, and debt payments gross or pre-tax measures of income tries, remote working has become changed during the pandemic? reflected in most public data sources. the new normal, leading to dramatic To answer these questions, we use a Overall, we find that liquid balances shifts in daily needs and routines for data asset based on the daily balances, were elevated during the COVID-19 employees. Schools have likewise inflows, and outflows of Chase per- pandemic but fell throughout the sec- struggled to reopen, with some sonal checking accounts1, from January ond half of 2020. Balances rose again forced back into remote instruction 2019 through January 2021. We focus with the second round of Economic after increases in infections. on a sample of 1.7 million families who Impact Payments (EIP) in January As families work to adapt to these have been active checking account 2021. These patterns exist across the frequently-changing conditions, users since December 20182. distribution of balances, but with a economic health and stability are Administrative banking data provides a larger initial rise followed by a faster top of mind for policymakers. The unique, high-frequency lens into con- subsequent decline in liquid balances most vulnerable among us have been sumer finances, with transaction-level for families with lower starting bal- impacted the most, with lower-income views into income and expenditures. ances, mainly lower-income families, earners facing higher unemployment Our ability to categorize those or those with younger primary account rates than their higher-earning transactions enables us to observe holders. For most families, balances counterparts (Ganong et al. 2020). The family-level income, which we can use grew despite elevated outflows government responded with massive to show our results across the income because of even larger increases in interventions to suppor t households distribution.
Load more

Recommended publications
  • CCHS 2019 Spring Gala Held in Rollingwood
    Newsletter Spring / Summer 2019 CCHS 2019 Spring Gala Held in Rollingwood n May 5, the Chevy Chase Historical Society hosted its private and contemplative courtyard, which includes a O2019 Spring Gala at the home of Nuria Carrillo and Kerry small bamboo garden and a covered lap pool. Scanlon at 3524 Leland Street. The striking contemporary home presents a dramatic facade of slab limestone, a The property, located near Brookville Road at the western curved roof, and a lush surrounding garden. Completed end of the Rollingwood community, was purchased in in 2011, the minimalist-style residence was designed by 1934 by Pierre and Louise Wilson. A World War I hero, Pierre Wilson was awarded the Navy Cross and the French Legion renowned Seattle architect Jim Olson to accommodate of Honour. The white brick Cape Cod-style house built by not only family life but also natural vistas and a stunning the Wilsons later became home to a succession of public collection of contemporary paintings and sculpture. The servants, including naval officers and teachers. home was conceived to explore relationships between space and light, and to connect indoor spaces to the beauty Not far from the Gala site once stood Rossdhu Castle, of the natural world. The architect described his concept an early twentieth-century expression of luxury where for the home in the book Jim Olson: Building, Art, Nature: owners Clarence and Daisy Calhoun entertained lavishly in the late 1920s. Today, the spectacular house on Leland Not wanting the house to stand out in the traditional Street promises its own twenty-first-century aesthetic and neighborhood, we chose dark colors for the exterior that hospitality.
    [Show full text]
  • A Feminist Criticism of House
    Lutzker 1 House is a medical drama based on the fictitious story of Dr . Gregory House, a cruelly sarcastic, yet brilliant, doctor . Dr . House works as a diagnostician at the Princeton-Plainsboro Hospital where he employs a team of young doctors who aspire to achieve greater success in their careers . Being a member of House’s team is a privilege, yet the team members must be able to tolerate Dr . House’s caustic sense of humor . Because of Dr . House’s brilliance, his coworkers and bosses alike tend to overlook his deviant and childish behaviors . Even though Dr . House’s leg causes him to be in severe pain every day, and has contributed to his negative outlook on life, both his patients and coworkers do not have much sympathy for him . The main goals of House’s outlandish behaviors are to solve the puzzle of his patients’ medical cases . Dr . House handpicks the patients whom he finds have interesting medical quandaries and attempts to diagnose them . By conferring with his team, and “asking” for permission from Dr . Lisa Cuddy, Dr . House is able to treat the patients as he sees fit . He usually does not diagnose the patients correctly the first time . However, with each new symptom, a new piece of the puzzle unfolds, giving a clearer view of the cause of illness . Dr . House typically manages to save the lives of his patients by the end of the episode, usually without having any physical contact with the patient . Dr . House has an arrogant and self-righteous personality . Some of the lines that are written for Dr .
    [Show full text]
  • Interview with John Linehan the Town of Chevy Chase Oral History Project Interviewed by Stephanie Brown on January 30, 2004
    Interview with John Linehan The Town of Chevy Chase Oral History Project Interviewed by Stephanie Brown on January 30, 2004 STEPHANIE BROWN: This is Stephanie Brown interviewing John Linehan at 4127 Woodbine Street on January 30, 2004. Alright John, you moved to the town in— when did you move to the town? JOHN LINEHAN: Well, we moved here on April 1, 1960. SB: From? JL: From Georgetown. SB: And why did you move up to Chevy Chase? JL: Because they were raising the rent on our apartment. And then—well, they raised it $20 from $105 to $125. But believe it or not, in those days that was a substantial increase, and we were mad because we didn’t get any notice. So then we went looking for a house all over the Washington area. We looked at houses in Arlington, and in the District, and where else? Some places out here in the county. Then one time, as I recall it (Jean recalls it a little differently) we happened to come up Woodbine Street after having dinner—Sunday’s midday dinner—at her parents’ house, which is around the corner, and this was for sale. Well, we took a look at it and it looked like the devil. All the walls of the hall, and the living room, and the dining room, were a sickly chartreuse in color. I may be repeating Jean’s stuff, but it was such that they were having a great deal of difficulty selling it, which was too bad. There was also the dining room.
    [Show full text]
  • Mihran Mesrobian House (35-99-1) 7410 Connecticut Avenue Chevy Chase, Montgomery County, Md 20815 Master Plan Historic Site Designation Form February 2020
    APPENDIX ONE mihran mesrobian house (35-99-1) 7410 connecticut avenue chevy chase, montgomery county, md 20815 master plan historic site designation form february 2020 MONTGOMERY COUNTY PLANNING DEPARTMENT THE MARYLAND-NATIONAL CAPITAL PARK AND PLANNING COMMISSION APPENDIX ONE Table of Contents NAME OF PROPERTY ................................................................................................................................................ 1 LOCATION OF PROPERTY ....................................................................................................................................... 1 ZONING OF PROPERTY ............................................................................................................................................ 1 TYPE OF PROPERTY .................................................................................................................................................. 1 FUNCTION OR USE .................................................................................................................................................... 2 DESCRIPTION OF PROPERTY .................................................................................................................................. 2 Site Description ......................................................................................................................................................... 2 Architectural Description .........................................................................................................................................
    [Show full text]
  • How We Do Business — the Report Jpmorgan Chase — Who We Are at a Glance
    HOW WE DO BUSINESS — THE REPORT JPMORGAN CHASE — WHO WE ARE AT A GLANCE JPMorgan Chase & Co., a financial holding company, is a leading global financial services company and one of the largest banking institutions in the United States. The company has operations worldwide and is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. Under the J.P. Morgan and Chase brands, the company serves millions of customers in the United States and many of the world’s most prominent corporate, institutional and government clients. JPMorgan Chase’s activities are organized, for management reporting purposes, into a Corporate segment and four major reportable business segments, which we refer to as the lines of business. Consumer & Community Banking has a relationship with about 53 million households — almost half of the households in the United States. We serve people, families and businesses across multiple channels — more than 5,600 branches and 20,500 ATMs, the #1 ranked mobile app and chase.com. We help people bank, save, invest, make purchases with credit cards, and finance homes and cars. As of September 30, 2014, Consumer & Community Banking had 139,000 employees. The Corporate & Investment Bank offers a suite of investment banking, market-making, prime brokerage, and treasury and securities products and services to a global client base. In general, the Corporate & Investment Bank’s clients can be categorized as: multinationals, corporations, governmental entities, central banks and asset managers (e.g., pension and hedge funds, family offices). There were 52,000 employees in the Corporate & Investment Bank as of September 30, 2014.
    [Show full text]
  • House Md, Season 3, Episode 20 House Training
    House md, Season 3, episode 20 House Training This episode concerns issues of how we make decisions in our lives, and how we receive forgiveness for the bad ones. Synopsis A young scam artist is working a ‘find the lady’ routine in the street when she realises she can’t think properly or make decisions: ‘I can’t decide’. She collapses and is admitted to Dr House’s care. Hearing about her, House says ‘Loss of free will. I like it. Maybe we can get Thomas Aquinas in for a consult.’ Dr Foreman talks to her and finds out how she has a job for just long enough to claim benefits and then leaves. He judges her for playing the system which she picks up on. She argues that they are alike except that she made some bad decisions, but Foreman denies this. Foreman is unimpressed that she took some hits off a crack pipe to feel ‘happy’. While the team try to find out what’s wrong with her, various personal issues come into play. Dr Foreman is approached by his father to visit his mother who has Alzheimers as it’s her 60th birthday. Although he hasn’t been home in 8 years, Dr Foreman goes to his parents’ hotel room and is pleased to find that his mother seems happy and lucid. She also asks him if he’s happy and has friends and if he still prays. Meanwhile Dr Chase says he will tell Dr Cameron once a week, on Tuesdays, that he likes her and wants a relationship with her; even though she says she doesn’t want to be with him.
    [Show full text]
  • Richard Trenton Chase | Radford University
    Richard Trenton Chase “Dracula Killer” “The Vampire of Sacramento” FBI agent Robert Ressler once asked Chase how he selected his victims. He said that he went down the streets testing doors to find one that was unlocked. “If the door was locked,” he said, “That means you’re not welcome” (www.nokilli.com). Information summarized by Amanda Storey, Carrie Strieter, Chris Tarr, Kari Thornton Forensic Psychology 405-01, Fall 2005 Department of Psychology Radford University Radford, VA 24142-6946 Date Age Life Event May 23, 1950 0 Richard Trenton Chase was born in Santa Clara County, California 1953 3 Family moves into first house, rented apartment before 1960 10 Killing and torturing animals including cats. 1962 12 Family problems escalated, mother seen by two psychiatrists 1963 13 Family had financial troubles, lost house Attended Mira Loma High School, obtained grades of Cs, Ds, and Fs, completed 1964-1968 14-18 high school diploma Sophomore year: arrested for possession of marijuana, ordered by juvenile court 1965-1966 15-16 to work on weekends Enrolled in American River College, maintained grades of Cs, consistently used 1968- Spring 1971 18-21 drugs, briefly seen by a psychiatrist Counseled by a psychiatrist because of an erectile dysfunction. Suggested cause of 1968 18 this was suppressed anger, psychiatrist also thought he was suffering from mental illness but received no further counseling. Rented an apartment with friends, boarded up the closet and room doors, continued Feb. 1971 21 heavy use of marijuana Roommates asked him to move
    [Show full text]
  • A Grand Old Chevy Chase Home Is Expanded and Updated to Accommodate Three Generations
    family ties A grand old Chevy Chase home is expanded and updated to accommodate three generations By Carolyn Weber Although the classic style and details are true to the original house, the new wing of the Simmons/Warner home feels like a contemporary living space. Left: The family enjoys time together (from left): Sylvia Simmons, Robert Simmons, Sloane Warner, O.G. Warner, Leslie Simmons Warner, Austin Warner and Brandon Warner. DARREN HIGGINS 220 September/October 2012 | Bethesda Magazine HOME KEN WYNER Bethesda Magazine HOME | September/October 2012 221 family ties From the outside, The front of the house retains its original brick colonial style. this elegant brick colonial in the leafy Kenwood neighborhood of Chevy Chase looks like any other single-family home on the block. But it’s actually two households in one. Drs. Leslie Simmons Warner, an OB- GYN, and O.G. Warner, a dentist, occupy the main portion of the house with their three children, ages 21, 18 and 13. Her parents, Dr. Robert and Sylvia Simmons, live in an adjacent unit. Think of them as one big, happy family under a single roof, with separate living areas. It’s a new ap- proach to an old-fashioned concept. KEN WYNER (3) It all started when Warner’s father died a few years ago, and the couple starting thinking about the future. “My parents were getting older, and we had to think about plans for their living situ- ation,” Simmons Warner says. Around the same time, she and War- ner were outgrowing their home in Chevy Chase Village and planning to expand it, but they faced some remod- eling obstacles due to historic trees that had to stay put.
    [Show full text]
  • Chase Center Facility Physical Address: 21 Cliff Street, Waterbury,CT Facility Mailing Address: (If Different from Above) Click Here to Enter Text
    PREA AUDIT REPORT ☐ Interim ☒ Final COMMUNITY CONFINEMENT FACILITIES Date of report: June 10, 2017 Auditor Information Auditor name: Robert Lanier Address: P.O Box 452, Blackshear, GA 31516 Email: [email protected] Telephone number: 912-281-1525 Date of facility visit: May 12, 2017 Facility Information Facility name: Chase Center Facility physical address: 21 Cliff Street, Waterbury,CT Facility mailing address: (if different from above) Click here to enter text. Facility telephone number: 203-596-0783 The facility is: ☐ Federal ☐ State ☐ County ☐ Military ☐ Municipal ☐ Private for profit ☒ Private not for profit ☐ Community treatment center ☒ Community-based confinement facility Facility type: ☐ Halfway house ☐ Mental health facility ☐ Alcohol or drug rehabilitation center ☐ Other Name of facility’s Chief Executive Officer: Mark Manning, Program Director Number of staff assigned to the facility in the last 12 months: Designed facility capacity: 66 Current population of facility: 67 Facility security levels/inmate custody levels: Community Based Work Release Center Age range of the population: 18+ Name of PREA Compliance Manager: Title: Email address: Telephone number: Agency Information Name of agency: Community Solutions, Inc. Governing authority or parent agency: (if applicable) Click here to enter text. Physical address: 340West Newberry Rd., Suite B., Bloomfield, CT 06002 Mailing address: (if different from above) Click here to enter text. Telephone number: 860-683-7100 Agency Chief Executive Officer Name: Robert Pidgeon Title: Chief Executive Officer Email address: [email protected] Telephone number: 860-683-7100 Agency-Wide PREA Coordinator Name: Kristen Cappeletti Title: Quality Assurance and PREA Coordinator Email address: [email protected] Telephone number: 203-596-0783 PREA Audit Report 1 AUDIT FINDINGS NARRATIVE The PREA audit of the Chase Center, Community Solutions, Inc., was conducted on May 12, 2017.
    [Show full text]
  • Spring Newsletter 2021
    Newsletter Edition 18 Spring Term 2021 In this issue Community Rallies to Support 1 Community Rallies to Support CTA Chase Terrace Academy 1 House System Logo Reveal We are extremely grateful for the continued generosity of our community. 2 Foodbank Last term we were very 2 Chase Terrace Academy fortunate to take delivery Test Centre of 10 iPads and 21 laptops kindly donated by St John’s 3 Building a Brighter Future for Community church and a Better Tomorrow community organisation, 4 Lottery Update ‘Burntwood Be A Friend’. These valuable resources 5 Year 8 Form Photography have made a real difference Challenge in helping us to support our 5 Holocaust Memorial Day students and families with home learning. 5 LGBTQ+ History Month 6 Duke of Edinburgh 6 Creative Writing Competition House System Logo Reveal 7 Carnegie Reading Group There is an exciting, new house system 7 Reading Challenge being launched. All year groups and 7 New Books in the Library staff members have now been 8 PE Department Update allocated a house! There are three houses consisting of: Brocket, Fallow, and 8 Gary Neville Interview Elk and who identify with the school’s local area and the 9 National Careers Week community which we pride ourselves on. This term there has been a fierce competition to design the logos for 9 Staff Focus each house, with the standards being set by the students 9 Vacancies being hugely impressive. With this in mind, we would like to say thank you for all the fantastic responses within the 10 A quick snapshot of what competition, making it extremely hard to choose only 5 has been happening at winners! We would like to congratulate the winners of the Chase Terrace Academy..
    [Show full text]
  • Episode Guide
    Last episode aired Monday May 21, 2012 Episodes 001–175 Episode Guide c www.fox.com c www.fox.com c 2012 www.tv.com c 2012 www.fox.com The summaries and recaps of all the House, MD episodes were downloaded from http://www.tv.com and processed through a perl program to transform them in a LATEX file, for pretty printing. So, do not blame me for errors in the text ^¨ This booklet was LATEXed on May 25, 2012 by footstep11 with create_eps_guide v0.36 Contents Season 1 1 1 Pilot ...............................................3 2 Paternity . .5 3 Occam’s Razor . .7 4 Maternity . .9 5 Damned If You Do . 11 6 The Socratic Method . 13 7 Fidelity . 15 8 Poison . 17 9 DNR ............................................... 19 10 Histories . 21 11 Detox . 23 12 Sports Medicine . 25 13 Cursed . 27 14 Control . 29 15 Mob Rules . 31 16 Heavy . 33 17 Role Model . 35 18 Babies & Bathwater . 37 19 Kids ............................................... 39 20 Love Hurts . 41 21 Three Stories . 43 22 Honeymoon . 47 Season 2 49 1 Acceptance . 51 2 Autopsy . 53 3 Humpty Dumpty . 55 4 TB or Not TB . 57 5 Daddy’s Boy . 59 6 Spin ............................................... 61 7 Hunting . 63 8 The Mistake . 65 9 Deception . 67 10 Failure to Communicate . 69 11 Need to Know . 71 12 Distractions . 73 13 Skin Deep . 75 14 Sex Kills . 77 15 Clueless . 79 16 Safe ............................................... 81 17 AllIn............................................... 83 18 Sleeping Dogs Lie . 85 19 House vs. God . 87 20 Euphoria (1) . 89 House, MD Episode Guide 21 Euphoria (2) . 91 22 Forever .
    [Show full text]
  • House and Philosophy Takes an Engaging Look at Everyone’S Favorite Misanthropic Genius and His Team at Princeton-Plainsboro Hospital
    PHILOSOPHY/POP CULTURE IRWIN Is being nice overrated? Are we really just selfi sh, base animals crawling HOUSE across Earth in a meaningless existence? Would reading less and watching more television be good for you? Is House a master of Eastern philosophy or just plain rude? Dr. Gregory House is arguably the most complex and challenging antihero in the history of television, but is there more to this self-important genius than AND gray matter and ego? This book takes a deeper look at House to reveal the PHILOSOPHY philosophical underpinnings of this popular medical drama and its cane-waving curmudgeon’s most outrageous behavior. What emerges is a remarkable character who is part Sherlock Holmes, part Socratic philosopher, part Nietzschean superman, part Taoist rhetorician, and not at all as screwed up as you might think. With everything from Aristotle to Zen, House and Philosophy takes an engaging look at everyone’s favorite misanthropic genius and his team at Princeton-Plainsboro Hospital. EVERYBODY LIES EVERYBODY HENRY JACOBY teaches philosophy at East Carolina University. He has published articles on the philosophy of mind and contributed to South Park and Philosophy. He lives in Goldsboro, North Carolina, with his wife, Kathryn, and their two cats, Bunkai and Willow. WILLIAM IRWIN i s a p r ofe s s o r of p h il o s o p hy a t K i n g’s C o ll e g e, Pe n n sy l va n i a . He has coedited The Simpsons and Philosophy and edited Seinfeld and Philosophy, The Matrix and Philosophy, and Metallica and Philosophy.
    [Show full text]