3 ms·
Yes, there is. Elizabeth Warren, when she was an academic, did a fair amount of work indicating most of the marginal gain from the second earner goes to positi
by fiatmoney 10y ago
Yes, there is. Elizabeth Warren, when she was an academic, did a fair amount of work indicating most of the marginal gain from the second earner goes to positional goods (like real estate in "good school districts" (ie areas with good demographics)) to no net gain. It also, as I said above, makes coordination more difficult.
Two-earner households also result in delayed fertility, which has harmful demographic effects and dysgenic effects.
- cheriot 10y agoI'll ask without the sarcasm. What's the alternative? Do we discourage people from working? Discourage people from sending their kids to the best schools they can? I lived that life. My parents payed more for property and commuted farther so I could go to the best schools around and I'm grateful. Yes, there are down sides, but these are the choices people make because it's worth it to them.