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Birth and Fortune: The Impact of Numbers on Personal Welfare
In this influential work, Richard A. Easterlin shows how the size of a generation—the number of persons born in a particular year—directly and indirectly affects the personal welfare of its members, the make-up and breakdown of the family, and the general well being of the economy.
"[Easterlin] has made clear, I think unambiguously, that the baby-boom generation is economically underprivileged merely because of its size. And in showing this, he demonstrates that population size can be as restrictive as a factor as sex, race, or class on equality of opportunity in the U.S."—Jeffrey Madrick, Business Week
"[Easterlin] has made clear, I think unambiguously, that the baby-boom generation is economically underprivileged merely because of its size. And in showing this, he demonstrates that population size can be as restrictive as a factor as sex, race, or class on equality of opportunity in the U.S."—Jeffrey Madrick, Business Week
- GenresEconomics
235 pages, Paperback
First published April 15, 1987
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About the author
Richard A. Easterlin
15 books7 followersRichard Ainley Easterlin was a professor of economics at the University of Southern California. He is best known for the economic theory named after him, the Easterlin paradox. Another of his contributions is the Easterlin hypothesis about long waves of baby booms and busts.
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