Economics and the Family

ISBN : 9781009186988

Author : Miriam Bankovsky

Publisher : Cambridge University Press

Year : 2025

Language : English

Type : E-book

Description : Most economists think family economics began in the 1960s when price theory was applied to family behaviour. Instead, this book focuses on enduring concerns with family poverty across the last two centuries. In nineteenth-century Britain and Europe, economists debated the effects of poverty relief and sought to improve family productivity. In the US, interwar household consumer economists studied how to rationalise family consumption, because factories were producing goods for low-income families. From the 1960s onwards, 'New' household economists attributed family poverty to inadequate human capital investment in predominantly non-white families. Even when feminist, development, and queer economists problematised gendered injustices, they recentred family poverty, targeting the 'pauperisation' of motherhood and the marginalisation of 'families we choose.' Economics and the Family does not simply reconstruct this alternate history, it also shows how economists in all these periods overlooked injustices which must be shouldered today.

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