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> Consider that perhaps your causality is reversed. Families are smaller now because existing is more expensive relative to wages. Perhaps we're both right, an
by anon291 4y ago
> Consider that perhaps your causality is reversed. Families are smaller now because existing is more expensive relative to wages.
Perhaps we're both right, and it's a cycle. Smaller families cause these kinds of expenses to grow relative to wages, which cause smaller families. These sorts of things are not unheard of.
- nerdponx 4y agoIt's very very rare that decreasing demand increases the cost of something, unless it's been entirely replaced by something else (e.g. horse carriages vs. cars), which -- when it does happen -- is mostly due to supply side reconfiguration that leads to higher marginal costs. So no, I don't think your causal direction is plausible without strong corroborating evidence.