Wall Street Journal Calls for People to Have More Children

June 23, 2010 • Daily Email Recap

Thanks to Dave Kruse for alerting me to this article in the Wall Street Journal on June 19 calling on people to have more children. The paper needs to hear your response.

The Breeders’ Cup

Amid the Father’s Day festivities, many of us are privately asking a Scroogely question: “Having kids-what’s in it for me?” An economic perspective on happiness, nature and nurture provides an answer: Parents’ sacrifice is much smaller than it looks, and much larger than it has to be.

Most of us believe that kids used to be a valuable economic asset. They worked the farm, and supported you in retirement. In the modern world, the story goes, the economic benefits of having kids seem to have faded away. While parents today make massive personal and financial sacrifices, children barely reciprocate. When they’re young, kids monopolize the remote and complain about the food, but do little to help around the house; when you’re old, kids forget to return your calls and ignore your advice, but take it for granted that you’ll continue to pay your own bills.

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