9780674047273-0674047273-Valuing Children: Rethinking the Economics of the Family (The Family and Public Policy)

Valuing Children: Rethinking the Economics of the Family (The Family and Public Policy)

ISBN-13: 9780674047273
ISBN-10: 0674047273
Author: Nancy Folbre
Publication date: 2010
Publisher: Harvard University Press
Format: Paperback 248 pages
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ISBN-13: 9780674047273
ISBN-10: 0674047273
Author: Nancy Folbre
Publication date: 2010
Publisher: Harvard University Press
Format: Paperback 248 pages

Summary

Valuing Children: Rethinking the Economics of the Family (The Family and Public Policy) (ISBN-13: 9780674047273 and ISBN-10: 0674047273), written by authors Nancy Folbre, was published by Harvard University Press in 2010. With an overall rating of 3.6 stars, it's a notable title among other Economic Policy & Development (Economics, Microeconomics, Theory, Marriage & Family, Sociology) books. You can easily purchase or rent Valuing Children: Rethinking the Economics of the Family (The Family and Public Policy) (Paperback, Used) from BooksRun, along with many other new and used Economic Policy & Development books and textbooks. And, if you're looking to sell your copy, our current buyback offer is $0.3.

Description

Nancy Folbre challenges the conventional economist's assumption that parents have children for the same reason that they acquire pets--primarily for the pleasure of their company. Children become the workers and taxpayers of the next generation, and "investments" in them offer a significant payback to other participants in the economy.

Yet parents, especially mothers, pay most of the costs. The high price of childrearing pushes many families into poverty, often with adverse consequences for children themselves.

Parents spend time as well as money on children. Yet most estimates of the "cost" of children ignore the value of this time. Folbre provides a startlingly high but entirely credible estimate of the value of parental time per child by asking what it would cost to purchase a comparable substitute for it.

She also emphasizes the need for better accounting of public expenditure on children over the life cycle and describes the need to rethink the very structure and logic of the welfare state. A new institutional structure could promote more cooperative, sustainable, and efficient commitments to the next generation.

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