Using the basic economic assumptions of maximizing behavior, stable preferences, and arid equilibria in explicit or implicit markets, Becker applies economic theory to the most sensitive and fateful personal decisions, such as choosing a spouse or having children.

Gary Becker sees the family as a kind of little factory - a multiperson unit producing meals, health, skills, children and self-esteem from market goods and the time, skills, and knowledge of its members. Gary Becker won the 1992 Nobel Prize in Economics.

An ethereal new collection that is “visceral with intellection” (David Lau) Winner of the Bollingen Prize Finalist for the National Book Award Finalist for the Pulitzer Prize for Poetry Finalist for the PEN Open Book Award Finalist for the Kingsley Tufts Prize A Treatise on Stars extends Mei-mei Berssenbrugge’s intensely phenomenological poetics to the fiery bodies in a “field of heaven…outside spacetime.” Long, lyrical lines map a geography of interconnected, interdimensional intelligence that exists in all places and sentient beings. These are poems of deep listening and patient waiting, open to the cosmic loom, the channeling of daily experience and conversation, gestalt and angels, dolphins and a star-visitor beneath a tree. Family, too, becomes a type of constellation, a thought “a form of organized light.” All of our sense are activated by Berssenbrugge’s radiant lines, giving us a poetry of keen perception grounded in the physical world, where “days fill with splendor, and earth offers its pristine beauty to an expanding present.”

This book provides a comprehensive, modern, and self-contained account of the research in the growing area of family economics. It is intended for graduate students in economics and for researchers in other fields interested in the economic approach to the family.

Imagine each family as a kind of little factory--a multiperson unit producing meals, health, skills, children, and self-esteem from market goods and the time, skills, and knowledge of its members. This is only one of the remarkable concepts explored by Gary Becker in his landmark work on the family.Becker applies economic theory to the most sensitive and fateful personal decisions, such as choosing a spouse or having children. He uses the basic economic assumptions of maximizing behavior, stable preferences, arid equilibria in explicit or implicit markets to analyze the allocation of time to child care as well as to careers, to marriage and divorce in polygynous as well as monogamous societies, to the increase and decrease of wealth from one generation to another. The consideration of the family from this perspective has profound theoretical and practical implications. For example, Becker's analysis of assortative mating can be used to study matching processes generally. Becker extends the powerful tools of economic analysis to problems once considered the province of the sociologist, the anthropologist, and the historian. The obligation of these scholars to take account of his work thus constitutes an important step in the unification of the social sciences. A Treatise on the Family will have an impact on public policy as well. Becker shows that social welfare programs have significant effects on the allocation of resources within families. For example, social security taxes tend to reduce the amount of resources children give to their aged parents. The implications of these findings are obvious and far-reaching. With the publication of this extraordinary hook, the family moves to the forefront of the research agenda in the social sciences.

DigiCat Publishing presents to you this special edition of "Treatise on Parents and Children" by Bernard Shaw. DigiCat Publishing considers every written word to be a legacy of humankind. Every DigiCat book has been carefully reproduced for republishing in a new modern format. The books are available in print, as well as ebooks. DigiCat hopes you will treat this work with the acknowledgment and passion it deserves as a classic of world literature.