In his book "An Inquiry Into Wellbeing and
Destitution" Partha Dasgupta discusses this issue at
some length. In answering the question of why do the
poor in poor countries have so many children?, he
concludes that it is the lack of markets for capital
and risk.
I simply cannot do him any justi
On Tue, Jun 04, 2002 at 01:17:25PM +0200, Jacob W Braestrup wrote:
> The big "problem" is that parents have no right over the future income
> of their children. Hence they cannot make the contract. Neither can the
> children themselves until they reach (legal) maturity.
I recently saw a proposa
> So, I was wondering what other armchair-ers think about this. If
it's a
> good idea, what are the obstacles preventing it from being
implemented?
> If it's a bad idea, why?
The big "problem" is that parents have no right over the future income
of their children. Hence they cannot make the c
this subject since then?
I was thinking that a similar approach could address falling birth rates
(if it's something that needs to be addressed). If children could be
self-financing, presumably parents would have more of them.
"Childrearing loans" could make it easier for home-
