This chapter explores the biological purpose of adolescence and its role in preventing inbreeding. The speaker explains how the unleashing of hormones during this stage can lead to temporary craziness, and emphasizes the importance of parents being supportive yet boring to help their children establish their own households.
Don Cox of Boston College and Russ Roberts discuss the economics of inheritance, estates and the family. They look at how parents divide their time and money between their children and our concerns for what people think of us after we are gone.