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Rob F.'s avatar

Fantastic work as always.

Something like TFR decline is certainly not monocausal, but I would submit these are the primary drivers:

* Status & culture for females, wherein getting married / having children young and raising them is low status. Feminism promotes this mindset, but also raising kids is more effort and more frustrating than an email job. I think this is an umbrella for what you're generally referring to.

* Technology enabling the former. I think this is one case where culture is downstream of technology. If the pill were never invented, it's hard to see the culture change occurring

* "Housing theory of everything" - College-educated elite moved to cities in a big way, and costs balloon for children exponentially compared to single/DINKs. I believe the primary driver is real estate. 4 children in NYC is not doable without a $1M+ year job that you can rely on to be there for 20 years. Only choice for most people who want to have 4 kids is uprooting your life and moving pretty far out to somewhere you may not know anyone. It's a big and disruptive change. Child care / private schools cost far more due to real estate costs, multiplying the pain ($70k is a typical per year per child cost starting in K). The cost of children overall in NYC is astronomical, so most well-paid folks top out at 2.

https://worksinprogress.co/issue/the-housing-theory-of-everything/

YIMBY is the default for Rs and ascendent for wonk Ds. All you need to address housing is respect the idea of private property and allow people to use land they purchase for what they want instead of central planning everything. Finding a way to remove the strings that prevent that seems more feasible, as prior growth-suppressing regulation is reviewed...

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Ivan M's avatar

Wow, I wish you also published in French. We are nowhere in conservative thought and would need a serious dose to avert the inevitable civilisational suicide under way.

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