Journal of Economic Perspectives: Vol. 14 No. 4 (Fall 2000)

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For Love or Money--Or Both?

Article Citation

Folbre, Nancy, and Julie A. Nelson. 2000. "For Love or Money--Or Both?" Journal of Economic Perspectives, 14(4): 123-140.

DOI: 10.1257/jep.14.4.123

Abstract

This paper explores the implications for economic analysis, societal well-being, and public policy of the movement of care services (such as child and elder care) from home to market. A broad empirical overview sets the stage for the argument that this process cannot be properly evaluated using only a priori judgments about the suitability of marketization. The context in which markets operate is crucial, and while the growth of market provision poses some risks, it also offers some potential benefits.

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Authors

Folbre, Nancy (U MA)
Nelson, Julie A. (Ctr for the Study of Values in Public Life, Harvard Divinity School)

JEL Classifications

J10: Demographic Economics: General
D13: Household Production and Intrahousehold Allocation
N31: Economic History: Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, and Religion: U.S.; Canada: Pre-1913
N32: Economic History: Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, and Religion: U.S.; Canada: 1913-
I31: General Welfare

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