Remember when children were an economic asset?
No, you probably don’t, because that was back in the 1800s, when kids labored on farms and in factories and kicked in a few pennies to help cover the family expenses. “The more [children] you had, the better off you were,” Jennifer Senior, author of the new book All Joy and No Fun: The Paradox of Modern Parenthood, explains in the video above. Since most kids produced a positive financial return for their parents, there was a natural incentive to have more.
Thanks to listener Jim Palmer.