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Valuing Children by Nancy Folbre

Valuing Children by Nancy Folbre

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Valuing Children

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Valuing Children

Rethinking the Economics of the Family

By:

Nancy Folbre

Format:

Paperback / softback

Series:

The Family and Public Policy

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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.

Author Biography:

Nancy Folbre is Professor of Economics, University of Massachusetts, Amherst.

Release date NZ

March 15th, 2010

Author

Nancy Folbre

Audience

Professional & Vocational

Illustrations

7 line illustrations, 14 tables

Pages

248

Series

The Family and Public Policy

Dimensions

155x235x19

ISBN-13

9780674047273

Product ID

3907917

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