The Family Firm

In 'The Family Firm', Emily Oster uses her background as an economist and business school professor to provide a framework for parents to make informed decisions about their children's education, health, extracurricular activities, and independence.

The book introduces the 'Family Firm Toolbox', which includes the 'Four F's': Framing the Question, Fact-Finding, Final Decision, and Follow-Up.

Oster emphasizes the importance of a systematic approach to family decision-making, drawing parallels between managing a business and managing a family.

The book covers various topics such as choosing the right school, encouraging a healthy diet, and navigating day-to-day family logistics, all with a focus on reducing stress and making better decisions.