alt Hacker NewsNo, these are the right metrics.
You're missing choice. When a woman chooses to have a child, or chooses to not have a child, we ascribe the economic impact based on her intent.
No, these are the right metrics.
You're missing choice. When a woman chooses to have a child, or chooses to not have a child, we ascribe the economic impact based on her intent.
I think a great many women and a great many economists (and women who are economists for that matter) would take issue with the notion that raising a child is the alternative to being productive.
Ask any policy maker in South Korea how they feel about the social value in raising children. It's not a film adaptation of a book starring Clive Owen and Julianne Moore, it's 2055 or thereabouts in the China, the US isn't so far behind.