Love, Money, and Parenting: How Economics Explains the Way We Raise Our Kids

Author:   Matthias Doepke ,  Fabrizio Zilibotti
Publisher:   Princeton University Press
ISBN:  

9780691171517


Pages:   384
Publication Date:   05 February 2019
Format:   Hardback
Availability:   Temporarily unavailable   Availability explained
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Love, Money, and Parenting: How Economics Explains the Way We Raise Our Kids


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Overview

An international and historical look at how parenting choices change in the face of economic inequality Parents everywhere want their children to be happy and do well. Yet how parents seek to achieve this ambition varies enormously. For instance, American and Chinese parents are increasingly authoritative and authoritarian, whereas Scandinavian

Full Product Details

Author:   Matthias Doepke ,  Fabrizio Zilibotti
Publisher:   Princeton University Press
Imprint:   Princeton University Press
ISBN:  

9780691171517


ISBN 10:   0691171513
Pages:   384
Publication Date:   05 February 2019
Audience:   General/trade ,  Professional and scholarly ,  General/trade ,  General ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   Temporarily unavailable   Availability explained
The supplier advises that this item is temporarily unavailable. It will be ordered for you and placed on backorder. Once it does come back in stock, we will ship it out to you.
Language:   English

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Reviews

Bringing together personal experiences, reasoning, and evidence, this fascinating and persuasive book shows that parenting decisions are governed by incentives and an economic approach can help us to understand why parents' choices might vary across countries and over time. The wealth of information, detail, and strength of economic argument is impressive. --Jo Blanden, University of Surrey Presenting many key findings and novel explanations, Love, Money, and Parenting argues that we can use economic principles to explain why different parenting styles exist across different countries and within countries at any given point in time. At once intelligent, sophisticated, and accessible, there is no other book that tackles the same themes as this one. I really enjoyed reading it. --Nattavudh Powdthavee, Warwick Business School and author of The Happiness Equation


Presenting many key findings and novel explanations, Love, Money, and Parenting argues that we can use economic principles to explain why different parenting styles exist across different countries and within countries at any given point in time. At once intelligent, sophisticated, and accessible, there is no other book that tackles the same themes as this one. I really enjoyed reading it. --Nattavudh Powdthavee, Warwick Business School and author of The Happiness Equation Bringing together personal experiences, reasoning, and evidence, this fascinating and persuasive book shows that parenting decisions are governed by incentives and an economic approach can help us to understand why parents' choices might vary across countries and over time. The wealth of information, detail, and strength of economic argument is impressive. --Jo Blanden, University of Surrey


As economists Matthias Doepke and Fabrizio Zilibotti reveal in their recent book Love, Money, and Parenting: How Economics Explains the Way We Raise Our Kids, today's American parents are not so crazy after all. For better and worse, their parenting style is perfectly rational. ---Kay Hymowitz, Institute for Family Studies A Fatherly Top Ten Best Parenting Book of the Decade All in all, a highly informative read. ---David Lorimer, Paradigm Explorer An incisive look at parenting and economic inequality. ---Carolyn Dever, Public Books Psychologists, sociologists and journalists have spent more than a decade diagnosing and critiquing the habits of 'helicopter parents' and their school obsessions. . . . But new research shows that in our unequal era, this kind of parenting is essential. That's the message of the book Love, Money and Parenting: How Economics Explains the Way We Raise Our Kids, by the economists Matthias Doepke of Northwestern University and Fabrizio Zilibotti of Yale. It's true that high-octane, hardworking child-rearing has some pointless excesses, and it doesn't spark joy for parents. But done right, it works for kids, not just in the United States but in rich countries around the world. ---Pamela Druckerman, New York Times Why do so many seemingly sane people get over-involved with their kids? The answer is not that parents have collectively come unhinged, according to the new book Love, Money and Parenting: How Economics Explains the Way We Raise Our Kids. Rather, parents today are rational economic actors responding to an increasingly unhinged environment. ---Jenny Anderson, Quartz An earnest tilt at a genuinely hard question: To what degree are parental choices informed by economic realities? Reducing his answer to a single line is reductive, but let's do it anyway. When it comes to raising Americans kids, it's the economy, stupid. ---Patrick A. Coleman, Fatherly.com A Choice Outstanding Academic Title of the Year


Economics is usually the last thing on people's minds when they think about parenting. This wonderfully readable and original book aims to change that. It shows how different parenting styles are all about trade-offs, how they shape the way children explore and experiment with the world and take risks, and how economic factors have played an important role in the striking changes we have experienced in the way parents think about their children and parent them. A must-read. --Daron Acemoglu, coauthor of Why Nations Fail Bringing together personal experiences, reasoning, and evidence, this fascinating and persuasive book shows that parenting decisions are governed by incentives and an economic approach can help us to understand why parents' choices might vary across countries and over time. The wealth of information, detail, and strength of economic argument is impressive. --Jo Blanden, coauthor of The Persistence of Poverty across Generations Presenting many key findings and novel explanations, Love, Money, and Parenting argues that we can use economic principles to explain why different parenting styles exist across different countries and within countries at any given point in time. At once intelligent, sophisticated, and accessible, there is no other book that tackles the same themes as this one. I really enjoyed reading it. --Nattavudh Powdthavee, author of The Happiness Equation Love, Money, and Parenting presents a fascinating, insightful analysis of the origins and consequences of different parenting styles over time and place. Doepke and Zilibotti explain how and why parents shape child preferences and skills to adapt their offspring to the anticipated social and economic realities facing them as adults. The authors creatively use basic economic theory to integrate and interpret a vast body of evidence from multiple disciplines. This ambitious, well-argued book carefully examines how families influence the social and economic fortunes of their children. --James J. Heckman, Nobel Laureate in Economics In their stimulating account of the reasons behind different parenting practices, Doepke and Zilibotti unashamedly argue for an economic interpretation, while also including social and cultural factors. Worryingly, the authors show how emerging societal divisions could enable some parents to promote their children even as they disable the efforts of parents in more difficult economic circumstances. Parenting regimes by class threaten equal opportunities, social mobility, and political participation. The authors' hope is that thoughtful policy interventions can head off such threats. --Jane Humphries, author of Childhood and Child Labour in the British Industrial Revolution


Bringing together personal experiences, reasoning, and evidence, this fascinating and persuasive book shows that parenting decisions are governed by incentives and an economic approach can help us to understand why parents' choices might vary across countries and over time. The wealth of information, detail, and strength of economic argument is impressive. --Jo Blanden, coauthor of The Persistence of Poverty across Generations Presenting many key findings and novel explanations, Love, Money, and Parenting argues that we can use economic principles to explain why different parenting styles exist across different countries and within countries at any given point in time. At once intelligent, sophisticated, and accessible, there is no other book that tackles the same themes as this one. I really enjoyed reading it. --Nattavudh Powdthavee, author of The Happiness Equation Economics is usually the last thing on people's minds when they think about parenting. This wonderfully readable and original book aims to change that. It shows how different parenting styles are all about trade-offs, how they shape the way children explore and experiment with the world and take risks, and how economic factors have played an important role in the striking changes we have experienced in the way parents think about their children and parent them. A must-read. --Daron Acemoglu, coauthor of Why Nations Fail Love, Money, and Parenting presents a fascinating, insightful analysis of the origins and consequences of different parenting styles over time and place. Doepke and Zilibotti explain how and why parents shape child preferences and skills to adapt their offspring to the anticipated social and economic realities facing them as adults. The authors creatively use basic economic theory to integrate and interpret a vast body of evidence from multiple disciplines. This ambitious, well-argued book carefully examines how families influence the social and economic fortunes of their children. --James J. Heckman, Nobel Laureate in Economics In their stimulating account of the reasons behind different parenting practices, Doepke and Zilibotti unashamedly argue for an economic interpretation, while also including social and cultural factors. Worryingly, the authors show how emerging societal divisions could enable some parents to promote their children even as they disable the efforts of parents in more difficult economic circumstances. Parenting regimes by class threaten equal opportunities, social mobility, and political participation. The authors' hope is that thoughtful policy interventions can head off such threats. --Jane Humphries, author of Childhood and Child Labour in the British Industrial Revolution


As economists Matthias Doepke and Fabrizio Zilibotti reveal in their recent book Love, Money, and Parenting: How Economics Explains the Way We Raise Our Kids, today's American parents are not so crazy after all. For better and worse, their parenting style is perfectly rational. ---Kay Hymowitz, Institute for Family Studies A Fatherly Top Ten Best Parenting Book of the Decade All in all, a highly informative read. ---David Lorimer, Paradigm Explorer An incisive look at parenting and economic inequality. ---Carolyn Dever, Public Books Psychologists, sociologists and journalists have spent more than a decade diagnosing and critiquing the habits of 'helicopter parents' and their school obsessions. . . . But new research shows that in our unequal era, this kind of parenting is essential. That's the message of the book Love, Money and Parenting: How Economics Explains the Way We Raise Our Kids, by the economists Matthias Doepke of Northwestern University and Fabrizio Zilibotti of Yale. It's true that high-octane, hardworking child-rearing has some pointless excesses, and it doesn't spark joy for parents. But done right, it works for kids, not just in the United States but in rich countries around the world. ---Pamela Druckerman, New York Times Why do so many seemingly sane people get over-involved with their kids? The answer is not that parents have collectively come unhinged, according to the new book Love, Money and Parenting: How Economics Explains the Way We Raise Our Kids. Rather, parents today are rational economic actors responding to an increasingly unhinged environment. ---Jenny Anderson, Quartz An earnest tilt at a genuinely hard question: To what degree are parental choices informed by economic realities? Reducing his answer to a single line is reductive, but let's do it anyway. When it comes to raising Americans kids, it's the economy, stupid. ---Patrick A. Coleman, Fatherly.com A Choice Outstanding Academic Title of the Year The book introduces stimulating ideas in an accessible manner. ---John Ermisch, Journal of Economic Inequality


Author Information

Matthias Doepke is professor of economics at Northwestern University. He lives in Evanston, Illinois. Fabrizio Zilibotti is the Tuntex Professor of International and Development Economics at Yale University. He lives in New Haven, Connecticut.

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