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BO OK REVIEWS Valuing Children: Rethinking the Economics of the Family, by Nancy Folbre. Cambridge, MA: Harvard University Press, 2008. 248 pp. ISBN-13: 978-0- 674-02632-2 (hbk.). US$45. In Valuing Children, Nancy Folbre shows how and why children matter for economic life, provides estimates of the economic value of family (nonmarket) childcare and parental expenditures in the US, and raises critical questions about the size and kinds of public spending on children in the US. Folbre formulates four questions that she sets out to answer: First, why should we care about spending on children? Second, how much money and time do parents devote to children? Third, how much money do taxpayers spend on children? And finally, who should pay for the kids? In other words, which share of the costs of raising children should be borne by parents and which share by the government? The first part of the book, which includes Chapters 1 and 2, provides an answer to the first question. Part Two (Chapters 3 to 7) provides an answer to the second question. Part Three (Chapter 8 to 10) gives answers to the last two questions: Chapters 8 and 9 addresses the issue of taxpayers’ contribution to
Feminist Economics – Taylor & Francis
Published: Apr 1, 2009
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