The idea that economists will come closer to the reality of business operations by sitting in their academic offices and making up stories than they might get by observing or talking to managers is bizarre.

The public is anxious because it has often been told that Social Security will "run out of money around 2042", that it "won't be there for our young people," that it will "go bankrupt." In truth, our Social Security system will never "go bankrupt." Businesses or individuals can go bankrupt when...

Child poverty is much lower in France than in the United States, although both countries have a similar proportion of births to unmarried mothers, and minority populations of comparable size. The differing poverty rates reflect differences in their programs of support for families with children,...

Economic theory as applied to the family should increase our understanding of the phenomena we are studying, and allow us to implement fruitful intervention in cases where we are not satisfied with what is occurring. Much if not all of the theory of the family fails to achieve these aims....

Child care on a do-it-yourself basis by a parent would seem to be just as worthy of subsidization by government as nonparental care is. However, subsidies for care by a stay-at-home parent raise serious issues of equity between families with and without an adult at home full time. They also have...

The institution of marriage has served to funnel economic resources from fathers to children. Its continued decline in the countries of the developed world threatens the adequacy of the economic support of human reproduction, now increasingly provided by women. Its decline is also probably...

The public is anxious because it has often been told that Social Security will “run out of money around 2042", that it “won’t be there for our young people,” that it will “go bankrupt.” In truth, our Social Security system will never “go bankrupt.” Businesses or individuals can go...

The idea that economists will come closer to the reality of business operations by sitting in their academic offices and making up stories than they might get by observing or talking to managers is bizarre.