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Evolving households : the imprint of technology on life

Author: Jeremy Greenwood
Publisher: Cambridge, Massachusetts : MIT Press, [2018] ©2018
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
The transformative effect of technological change on households and culture, seen from a macroeconomic perspective through simple economic models.In Evolving Households, Jeremy Greenwood argues that technological progress has had as significant an effect on households as it had on industry. Taking a macroeconomic perspective, Greenwood develops simple economic models to study such phenomena as the rise in married  Read more...
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Genre/Form: History
Electronic books
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Jeremy Greenwood
ISBN: 9780262350853 0262350858
OCLC Number: 1081304535
Description: 1 online resource (xiv, 315 pages)
Contents: More working mothers --
The baby boom and baby bust --
The decline in marriage --
Social change --
Increased longevity and longer retirement --
Conclusion --
Mathematical appendix --
Bibliography.
Responsibility: Jeremy Greenwood.

Abstract:

The transformative effect of technological change on households and culture, seen from a macroeconomic perspective through simple economic models.  Read more...

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Taking a macroeconomic perspective, Greenwood develops simple economic models to study such phenomena as the rise in married female labor force participation, changes in fertility rates, the decline in marriage, and increased longevity. These trends represent a dramatic transformation in everyday life, and they were made possible by advancements in technology. Greenwood also addresses how technological progress can cause social change.Greenwood shows, for example, how electricity and labor-saving appliances freed women from full-time household drudgery and enabled them to enter the labor market. He explains that fertility dropped when higher wages increased the opportunity cost of having children; he attributes the post-World War II baby boom to a combination of labor-saving household technology and advances in obstetrics and pediatrics. Marriage rates declined when single households became more economically feasible; people could be more discriminating in their choice of a mate. Technological progress also affects social and cultural norms. Innovation in contraception ushered in a sexual revolution. Labor-saving technological progress at home, together with mechanization in industry that led to an increase in the value of brain relative to brawn for jobs, fostered the advancement of women\'s rights in the workplace. 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