Family, Transfers, Pride, and Shame

{ Posted on Oct 22 2009 by admin }
Categories : EconLog: Library of Economics and Liberty

(October 22, 2009 12:17 AM, by Bryan Caplan) Contrary to popular belief, the elderly financially support their kids, rather than the other way around.  This was true in hunter-gatherer and peasant societies.  A neat piece in the JEP shows that it was also true in the U.S. in…

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