Sublime

Effective social safety nets (such as health insurance or old age pensions) or even the kind of financial development that enables people to profitably save for retirement could lead to a substantial reduction in fertility and perhaps also less discrimination against girls.

Your rent is overdue, and you’re facing eviction. Your lights are about to be shut off. (That’s why seven in ten people take out these loans, by the way:

Another study has shown that low maternal education is the single most powerful factor leading to criminality.

If parents who have fewer children expect lower money transfers in the future, they also need to save more in anticipation, and this cuts into the funds they have available for investing in the children they have.

not an option.

At the time, about 8 percent of Amherst students were in the low- and lower-middle-class income categories that qualified them for federal aid under the Pell Grant program or similar programs, even though about half of American families fell into that income category.

Unless we can fully erase differences in income, public supply-side intervention that makes education cheaper would be necessary to get close to the socially efficient outcome: making sure that every child gets a chance.

just because desperate people accept and even seek out exploitative conditions doesn’t make those conditions any less exploitative.)[5]