For Love or Money—Or Both?
Author(s) -
Nancy Folbre,
Julie A. Nelson
Publication year - 2000
Publication title -
the journal of economic perspectives
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 9.614
H-Index - 196
eISSN - 1944-7965
pISSN - 0895-3309
DOI - 10.1257/jep.14.4.123
Subject(s) - marketization , argument (complex analysis) , context (archaeology) , public economics , economics , public policy , process (computing) , positive economics , law and economics , economic growth , political science , law , paleontology , biochemistry , chemistry , computer science , china , biology , operating system
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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