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Will Money Make You Happy?

While it is tough to do happiness studies, the economists that keep trying have begun to conclude that money could indeed relate to our life satisfaction.…

A New Reason to Marry

Traditionally, marriage has been about specialization and “production complementarities.” With the husband in the labor force and the wife at home, their division of labor resembled a smal…

Children and Wealth

More wealth seems to mean fewer children. Look at a graph of fertility in the U.S from 1800-1990. The birth line plunges. Consider India, China, South Korea, Singapore. As per capita GDP rises, births…

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