Book description
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Why read it?
1 author picked Economic Lives as one of their favorite books. Why do they recommend it?
Viviana Zelizer’s book told me the fascinating story of the cultural transition from a time when children provide to parents mostly financial well-being to a time when children provide only life well-being.
In the 18th century, in America, parents welcomed the arrival of their children mostly as workers when children were young and as security when parents were old. By the mid-19th century, however, parents of the urban elite welcomed their children mostly for their life well-being benefits in love, smiles, and successes that make parents proud.
Children, in Zelizer’s language, became ‘sacralized,’ economically worthless but emotionally priceless. By the…
From Meir's list on combining financial well-being and life well-being.
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