Unraveling long-term household changes through economic modeling

Monthly Labor Review logo image May 2024

Evolving Households : The Imprint of Technology on Life. By Jeremy Greenwood. Cambridge, MA: The MIT Press, 2019, 316 pp., $60 hardcover.

In his presidential address delivered at the 100th meeting of the American Economic Association in 1987, Gary S. Becker, a recipient of the Nobel Prize in Economic Sciences in 1992, stated the following: “Modern economists neglected the behavior of families until the 1950s. Since then, economic analysis has been used to explain who marries whom and when (if ever) they divorce, the number of children and investments in each child’s […]

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