The Economics Show

The Economics of Parenting, with Emily Oster

May 27, 2024
Emily Oster, a renowned economist and author, discusses debunking parenting myths and making data-driven decisions. Topics include pregnancy advice, parenting challenges in the digital age, and the complexities of research funding. The conversation explores navigating the overwhelming world of parenting with evidence-based insights.
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INSIGHT

Economists Decode Parenting Data

  • Emily Oster applies her economics expertise mainly through understanding and analyzing the quality of data in parenting research.
  • Her role is to clarify evidence for parents to better engage with health professionals and make informed decisions.
INSIGHT

Correlation vs. Causation in Research

  • Academic and official pregnancy advice often stems from research with flawed data, especially confusing correlation with causation.
  • Recognizing these flaws is critical to interpreting parenting research correctly.
INSIGHT

Parenting Choice is a 'Wild Problem'

  • Deciding whether to have a child is a 'wild problem' lacking clear data guidance, mixing joy and hardship beyond measure.
  • Data on happiness post-childbirth show declines, but children remain the greatest source of fulfillment for most.
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