))
The Opportunity Costs of Having Children
Manage episode 427843839 series 3549275
Content provided by Richard Hanania. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Richard Hanania or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
One straightforward explanation for why people have fewer kids these days is opportunity costs. Life used to be pretty boring. You lived in a small village and didn’t travel all that much, so creating life might be one of the only ways to even meet new people. Today, we have many more chances for fun, recreation, and adventure. This theory explains not only the decline in fertility over the decades, but especially why things have gotten so bad in the last 10-15 years with the rise of the internet and nonstop cheap entertainment options constantly at our fingertips.
15 episodes
Share
