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Home Economics: The Consequences of Changing Family Structure (Values and Capitalism), by Nick Schulz
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Since the 1950s, divorces and out-of-wedlock births in America have risen dramatically. This has significantly affected the economic wellbeing of the country’s most vulnerable populations. In Home Economics: The Consequences of Changing Family Structure, Nick Schulz argues that serious consideration of the consequences of changing family structure is sorely missing from conversations about American economic policy and politics. Apprehending a complete picture of this country’s economic condition will be impossible if poverty, income inequality, wealth disparities, and unemployment alone are taken into consideration, claims Schulz.
This book will trace how family structure has transformed over the last half century, ruminate on the causes of those changes, consider what conclusions can be drawn about the economic consequences of the changes in family, and offer ideas for how to handle the issue in the years to come.
- Sales Rank: #403424 in Books
- Published on: 2013-05-16
- Original language: English
- Number of items: 1
- Dimensions: 6.34" h x .42" w x 4.52" l, .25 pounds
- Binding: Paperback
- 126 pages
About the Author
Nick Schulz was the DeWitt Wallace Fellow at AEI and editor-in-chief of American.com, AEI's online magazine focusing on business, economics, and public affairs. He now works in the private sector. He is the co-author with Arnold Kling of From Poverty to Prosperity: Intangible Assets, Hidden Liabilities, and the Lasting Triumph Over Scarcity (2009).
Most helpful customer reviews
16 of 18 people found the following review helpful.
A Call to Social Engineering
By Kindle Customer
I am surprised by Nick Schulz's book. The main thrust of this book highlights the importance of family in creating social and human capital, as well as pointing out that government programs poorly substitute the family structure. Sadly, throughout the entire book, the constant refrain is what policies should be used, what taxes implemented, etc.
The striking rise in broken homes are due to "doing something". The left-wing welfare state policies subsidizes bastardom and single motherhood, so not surprisingly bastardom increases, as does single motherhood. These same policies, also, induce broken homes, as "assistance" for nuclear families is much smaller, if at all, compared to broken homes. Parents have actually divorced because it financially made sense to do so. Lastly, the psychological impact of generations being trapped in the welfare cycle causes resentment and entitlement.
My policy recommendation, if Nick should so ask: STOP DOING "SOMETHING". The nearly monomaniacal ego needed to decide that other people are living incorrectly, combined with the certainty that you can't possibly know what's best for other people, especially those you don't know, are at least two reasons to refrain from "doing something".
As radical as this sounds, treat everyone the same. Tax people the same. Offer the same services to everyone, etc. Liberty and freedom are about making choices for your life and living with the consequences, good or bad. The knee jerk response of those arrogant enough to think they know how to run other people's lives actually makes things worse. If you think not, go to any major city, then go to areas considered ghettos. ALL of these people are receiving some sort of subsidy for housing and food, as well as to the government run public educational system. These areas are worse off today in nearly every way than they were half a century ago before the do gooders, like Nick who clamors to "do something", starting telling everyone how to live their lives.
This book would be worth more than three stars if his purpose was about the importance of family and a stable childhood. Nick provides solid evidence on the importance of family in establishing basic social and human capital that results in social and personal success.
One of the more interesting passages is his anecdote about manufacturing managers unable to find skilled enough people to employ them. When asked specifically what skills, one simple answer was a person able to pass a drug test. This is one of the things I will tell anyone, even if they're not listening, is that the most important skills to have, are to show up on time, work an honest 8 hours, and follow the rules. Most working people don't even recognize these three things as skills, since they are second nature to them. But they are in fact skills, learned behaviors that are necessary for success. The emphasis on advanced skills that is so stressed by today's "experts" simply assume that everyone has basic skills, which calls into question their expertise.
The reason for less than four stars, is the call for "better" policy, i.e., more intervention into people's personal lives, as if this wasn't the problem all ready.
2 of 2 people found the following review helpful.
Family is the main way we civilize the next generation
By M. Heiss
Nick Schulz brings up the uncomfortable topic of family disintegration and shows the correlation to intergenerational poverty and perverse government policy.
He summarizes data and presents tables and graphs to illustrate his main points: In 5 decades, marriage has dramatically declined. At the same time, the poverty statistics for children raised in single-parent household have not become less grim.
The book details in depth the ways that solid families have positive beneficial impacts on the lives of the poor. Families teach the basics of character: empathy and self-control.
No government policy will be able to reverse this trend. An apocalyptic culture change has occurred; the best way to address it is not through government intervention. Schulz cites the changing of social norms surrounding cigarette smoking with a sign of how activists can address the issue.
1 of 1 people found the following review helpful.
In defense of traditional families
By James D. Crabtree
I got this to read as part of the Values and Capitalism series. I was not disappojnted.
This book looks at the family structure and how it has changed over the last 50 years. He shows that the erosion of traditional families has had distinct economic consequences for those who do not have two parents in a household, aside from the obvious consequences of split domicile costs versus single. There are also consequences which are not so obvious. Unfortunately, liberals seem to have made it their life's ambition to destroy traditional families and usher in a Brave New World.
If you are truly interested in a book on this topic which is objective and NOT a doctrinaire approach (left OR right) then this is the book you should get. It is short but gets straight to the point and builds its argument without hammering it over and over again.
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