Earlier quoted context omitted.
I think the "cost of living" explanation for low birthrates is just wrong, and not even plausible (anecdote: my grandmother had 17 siblings, and they could not even afford proper sunday shoes for all of them, much less current living standards). I think the biggest impact is from kids being obsolete/net negative as both workforce (when young) and retirement scheme (when the parents are old). But there is no reverting…
>I think the "cost of living" explanation for low birthrates is just wrong If you're demanding it be all-or-nothing, then sure it is "wrong". It obviously isn't the only reason. As countries get richer, people have fewer kids. Is it a factor? Of course it is . Children are incredibly expensive if you subscribe to modern norms and expectations. There are many, many, many people who want kids but can't afford it, and i…
We (need to) invest more into their education because uneducated children/adults have little or even negative value as workers (especially to their parents), this was not the case two centuries ago.
Children appear to be a "luxury" nowadays because there is no longer any expectation that they "net contribute" to their family economically (might be a positive change ethics-wise, but this is a huge shift in incentives for parents).