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Item Details
Title: VALUING CHILDREN
RETHINKING THE ECONOMICS OF THE FAMILY
By: Nancy Folbre
Format: Electronic book text

List price: £17.95


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ISBN 10: 0674033647
ISBN 13: 9780674033641
Publisher: HARVARD UNIVERSITY PRESS
Pub. date: 31 July, 2009
Series: The Family & Public Policy
Pages: 248
Synopsis: 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.
Illustrations: 7 line illustrations, 14 tables
Publication: US
Imprint: Harvard University Press
Returns: Non-returnable
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