The Case for Kids

The WSJ has something interesting to say about having children (Thanks, Julie!)

Exceprt:

While the popular and the academic cases against kids have a kernel of truth, both lack perspective. By historical standards, modern parents get a remarkably good deal. When economist Ted Bergstrom of the University of California, Santa Barbara reviewed the anthropological evidence, he found that in traditional societies, kids don't pay. Among hunter-gatherers, children consume more calories than they produce, and grandparents produce more calories than they consume virtually until the day they die. Agricultural societies are much the same. Only in recent decades did people start living long enough to collect much of a "pension" from their kids. While big financial transfers from children to their parents remain rare, only in the modern world can retirees expect to enjoy two decades of their descendents' company and in-kind assistance.

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