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Love, Money, and Parenting: How Economics Explains the Way We Raise Our Kids
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Love, Money, and Parenting: How Economics Explains the Way We Raise Our Kids

3.70  ·  Rating details ·  93 ratings  ·  26 reviews
An international and historical look at how parenting choices change in the face of economic inequality

Parents everywhere want their children to be happy and do well. Yet how parents seek to achieve this ambition varies enormously. For instance, American and Chinese parents are increasingly authoritative and authoritarian, whereas Scandinavian parents tend to be more
Hardcover, 384 pages
Published February 5th 2019 by Princeton University Press
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Mar 10, 2019 rated it liked it
Such a powerful thesis and so dry and boring! It should have been an academic paper. The point is that inequality (and economic conditions in general) affect parenting. Not just for the poor, but everyone! In other words, when theres further to fall, the middle class stressed out more to make their kids ideally suited for the workforce. People dont educate kids if they just need to work. People dont have girls when resources are tight. Fairly obvious stuff, but the data is really important ...more
Feb 13, 2020 rated it really liked it
So I went into this book thinking it was going to be about talking to your kid about finances. Whoooooops! Its actually about how economics affects and influences parenting choiceswhich probably sounds a little boring, but I have to say it is FASCINATING!

The authors argue that were getting back into a more authoritative style of parenting (right now most American parents exhibit heavy-handed helicopter-type controlling parenting practices, reminiscent of the US in the 1800s or current day Russia
Mar 24, 2019 rated it it was amazing
Good unconventional book. The first chapter is a little dry and tedious. But since chapter 2 (and especially chapter 3) the book gets engaging. I liked chapter 5 on the history of parenting and corporal punishment. I also liked the discussion of gender bias and the comparison among school systems (chapter 9).
Brendan Shea
Jun 02, 2019 rated it really liked it
Shelves: economics
Some (really) quick thoughts:

1. It's much more interesting than most parenting books (and than most economics books). And while it is most definitely *not* a book on how to parent (see below for more on the actual content), I actually think there's some good food for thought here, in its presentation on the empirical relationships between the parenting styles people adopt and the incentives they have. In particular, the book helps locate decisions about parenting style in a larger, social
Apr 03, 2019 rated it liked it
The book exists somewhere between an actual academic text and a pop science book, and doesn't really succeed as either - the authors make too many uncited assertions for academia and don't really introduce things gently enough for a general audience.

The central thesis, that inequality shapes parenting, is intriguing, but the authors have published articles on the same idea which are better.
Catherine Teh
Strong arguments and validations. However, not as a leisurely read. It's a good material for the university perhaps? A powerful revelation of how economics shape parenting methods and in turn future of our children.
Oct 05, 2019 rated it really liked it
Academic goodness, succeeding in analysing a particular topic - parenting styles and economics, whilst skilfully keeping aspects of history, religion and culture as a backdrop. Appropriately enough, you get the entire picture; and thus, a deeper understanding of the choices that parents make and need to make in relation to their children. While the writing can sometimes feel dry, I loved how thorough the analysis was, up until the very end. 
Mar 19, 2019 rated it really liked it
A bit repetitive in parts, but wholly useful, this book looks at the ways in which we're subtly (and not so subtly) influenced by economic incentives as we parent our children. An interesting cross-cultural perspective on this, as well as the various education sectors in countries.
Elizabeth Stolar
Jun 01, 2019 rated it really liked it
I liked this book a lot. It is an academic read, so it included some very in depth analysis of certain statistics that I personally didn't need to know on as deep a level as the book discussed, but overall the topic is important in terms of thinking about overall social policy and how it relates on a micro level to how we tend to parent our children. It was striking to realize that a huge factor in differing parenting styles (across both countries and in time) is income inequality and how larger ...more
Tao Chen
Mar 03, 2019 rated it liked it
Shelves: social
A bit dry, fundamentally solid but doesn't need 300 pages to make these arguments.
John Kane
Sep 04, 2019 rated it it was amazing  ·  review of another edition
This provides a really compelling argument about the relationship between parenting styles and income inequality across countries and over time.
Hind Al-Qahtani
May 04, 2019 rated it it was amazing
I read it on audible and I just so happened to be taking a university course on class inequality so this gave me lots of food for thought, or maybe that course did lol anywho, a very entertaining listen. Apart from pointing some obvious things, which I find to be a very productive practice, the authors draw on their varied experiences as parents in different countries and this brings a wonderful cultural aspect to the subject and In my case sparked alot of curiosity. It becomes apparent ...more
Aug 16, 2019 rated it liked it
This ranks up there with "The Anthropology of Childhood" as one of my favorite parenting books. The mostly academic work looks at how people parent as a product of their social and economic milieu, and it's very convincing. For all the teeth-gnashing about helicopter parents and other perceived generational failures, the authors show that these things mainly come down to people making the best choices they can in the environment they have to navigate, and the changes in that environment over ...more
Jun 20, 2019 rated it liked it
This is a very insightful book that uses economic data to explain the evolution in parenting styles over time in different countries. Doepke and Zilibotti discuss how economic uncertainty and widening socioeconomic disparities around the world have led to a rise in authoritative (or helicopter) parenting. I liked the clear-eyed, research-based approach they used in presenting and discussing these topics. While some of the information presented could seem redundant, I found this a valuable book ...more
Jonathan Jackson
Dec 19, 2019 rated it it was amazing
I feel that this book is very informative and give you insight to how other cultures/countries have different parenting styles and what influences them. This book went into depth about the history of the countries, economic development, whether the government was conservative or liberal, the intensity in east Asia because of entrance exams, how working class families stress hard work & obedience, and upper class families stress business connections and networking and passive income. Its ...more
Jul 02, 2019 rated it liked it
It's hard to rate this book. It is - for the most part - not very well written. After a few repetitive chapters, you feel like you "get the point": parenting style can be explained by economics, no need to add more examples showing that... but if you get to the last few chapters about policy, it gets super interesting again.

Make sure you are really interested in the topic before picking this book, and if you are, read it till the end.
Feb 11, 2020 rated it liked it
Shelves: non-fiction
The whole idea is way too simple, obvious and intuitive, which is economic drives how parents decide which parenting style (permissive, authoritarian and authoritative) for their children. The more unequal a society, the more authoritarian.

But I enjoyed the second half of the book. I liked the country comparison, such as Finland and Sweden and France. Some historical context, for example, I didnt know in the 1920s-30s, fertility rate already dropped to 2, and it recovered after WW2.
Haidong Song
Oct 31, 2019 rated it liked it
It is not a how to parenting book, not much presriptive instruction provided, more a research, analysis type to provide reasoning behind the type of parenting practices, and results, good insights nonetheless.
Guangli Du
Jul 25, 2019 rated it liked it
The author overlooked the cultural and social factors.
Sep 15, 2019 rated it did not like it
Loss of data, leading to restating the obvious. Meh.
Dec 17, 2019 rated it really liked it
Shelves: economics
Economic forces play an important role of shaping the parenting style. The intensive parenting prevails today as a result of rising economic inequality and higher return on education.
Dec 06, 2019 rated it it was ok
Long. Designed more for the academic professional. Informative and interesting but not for parental light reading.
Zeqiong Huang
Mar 10, 2020 rated it it was ok
honestly quite disappointing.
what's in the book you probably can get from conversations with any real parent.. or anyone who's a keen observer. it is just proving what everyone already knows..
Feb 03, 2020 rated it liked it
Written by true economists.
Karen Zhang
Feb 04, 2020 rated it liked it
The main thesis is simple and obvious, in my view. The author used numerous examples to reiterate his point. I think it's quite repetitive.
Mar 23, 2019 rated it it was amazing
I enjoyed this book and learned a lot from it.
Christianne Eldred
rated it really liked it
Mar 10, 2019
Nisha Mendonsa
rated it really liked it
Mar 11, 2019
Bogdan Ivanescu
rated it really liked it
Jun 08, 2019
Sudha Hariharan
rated it really liked it
Feb 09, 2020
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