By Jafari S. Allen
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As an the world over revered feminist thinker, radical social and political theorist, and tireless activist, Teresa Brennan (1952–2003) used to be some of the most provocative thinkers of our time. dwelling cognizance is a tribute to the importance of her suggestion and a testomony to the transformative strength of her existence.
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Tax laws offer greater subsidies for investments in physical capital than for investments in human capital. Still, high monetary returns to enhanced skills have increased the demand for education and training. 3 The payoffs to human capital formation for both children and adults go far beyond additional future earnings (Wolfe and Zuvekas 1997; England and Folbre 2000; Meyers et al. 2002). g. g. increased efficiency in household production). These benefits provide returns which largely accrue to individuals and their families and which can be roughly quantified.
In an era when public policy increasingly stresses the importance of market work for the disabled, via the Americans with Disabilities Act and related policy measures, we know precious little about the time costs of disability to the disabled themselves or to their caregivers (Burkhauser 1997; Yelin 1997). It has recently been suggested that the childless elderly should pay higher taxes to compensate for the higher costs they will place on society compared to those whose children willingly provide these services at a zero tax price (Wolf 1997).
All methods of valuation require accurate data regarding time allocation. In this essay, we provide a broad overview of the literature describing patterns and determinants of time devoted to family and community in the United States, with particular attention to implications for public policy. g. Juster and Stafford 1985; Robinson and Godbey 1997) rather than the “experience sampling method” designed to assess psychological well-being (Larson 1989). We cover five major topics: adult time devoted to the care of children and other dependents, the impact of time-use on children’s human capital, patterns of time devoted to volunteer work, economic assessments of inequality and poverty, and intra-household inequalities.