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Bestseller
BestsellerE-book
Author Folbre, Nancy.

Title Valuing children : rethinking the economics of the family / Nancy Folbre.

Publication Info. Cambridge, Mass. : Harvard University Press, [2008]
©2008

Item Status

Description 1 online resource (viii, 235 pages) : illustrations.
Physical Medium polychrome
Description text file
Series The family and public policy
Family and public policy.
Bibliography Includes bibliographical references (pages 193-230) and index.
Contents Introduction -- Children and the economy -- Commitments and capabilities -- Defining the costs of children -- Children and family budgets / with Tamara Ohler -- Children outside the household -- Accounting for family time / with Jayoung Yoon -- Valuing family work -- Subsidizing parents -- Public spending on children's education and health -- Who should pay for the kids?
Summary Publisher's 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.
Local Note eBooks on EBSCOhost EBSCO eBook Subscription Academic Collection - North America
Subject Families -- Economic aspects -- United States.
Families -- Economic aspects.
United States.
Child rearing -- Economic aspects -- United States.
Child rearing -- Economic aspects.
Child rearing.
Households -- Economic aspects -- United States.
Households -- Economic aspects.
Family allowances -- United States.
Family allowances.
Genre/Form Electronic books.
Other Form: Print version: Folbre, Nancy. Valuing children. Cambridge, Mass. : Harvard University Press, ©2008 9780674026322 0674026322 (DLC) 2007018581 (OCoLC)125402604
ISBN 9780674037021 (electronic book)
0674037022 (electronic book)
9780674026322
0674026322
9780674047273 (paperback)
0674047273 (paperback)