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89 sats \ 1 reply \ @SimpleStacker 17 Dec \ parent \ on: America is richer than ever. Why is it so unhappy? econ
changing how we measure wealth could solve the birth rate crisis
everyone complains about how kids are too expensive, but for most people having kids is likely a net increase in lifetime wealth, when measured including non-market valuations
We just need to elicit true reservation prices from enough parents to be confident in our measure.
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