Love, Money, and Parenting: How Economics Explains the Way We Raise Our Kids Audiobook (Free)

Parents everywhere wish their children to be happy and prosper. Yet how parents look for to achieve this ambition varies enormously. For example, American and Chinese parents are significantly authoritative and authoritarian, whereas Scandinavian parents tend to be permissive. How come this?

Through personal anecdotes and initial research, Doepke and Zilibotti show that in countries with increasing financial inequality, like the USA, parents push harder to make sure their children about Love, Money, and Parenting: How Economics Explains the Way We Raise Our Kids have a way to security and success. Economics has changed the hands-off parenting from the 1960s and ’70s right into a frantic, overscheduled activity. Growing inequality in addition has resulted in an increasing “parenting space” between richer and poorer households, raising the troubling prospect of diminished social mobility and for kids from disadvantaged backgrounds. In nations with less financial inequality, such as for example Sweden, the stakes are less high, and public mobility is not under threat. Doepke and Zilibotti discuss how purchases in early youth development and the look of education systems factor in to the parenting equation, and exactly how economics might help form policies that may contribute to the perfect of equal chance of all.