The Envy Economy, Part II

In my last post on our June "Billionaires and Their Impact" conference, I touched on the mindset of today's richest Americans: namely, their anxiety and envy. Robert Frank, a reporter for the Wall Street Journal and author of  Richistan: A Journey Through the American Wealth Boom, spoke about these sentiments--which he observed first-hand by immersing himself in the world of today's mega-rich--at last month's conference.

The big questions that Frank tackles are: When do the rich feel rich enough? And, perhaps more importantly, what does the reality of being rich teach us about the fantasy of being rich? Maybe being rich isn't all it's cracked up to be...

Part II of his comments follows below.