On this Labor Day, we can explain the “middle-class time squeeze” by looking at how time/money tradeoffs changed a family’s division of labor.
Tradeoffs and Marriage: Like a Horse and Carriage
As the pill, education and employment opportunities changed the value of women as wives, the tradeoffs that relate to being married have also changed.
The New Economics of Marriage
When North Carolina’s voters rejected same sex marriage, they were not thinking economically. Traditionally, marriage has been about specialization. With the husband in the labor force and the wife at home, their division of labor resembled a small factory. He…