What Money Can't Buy

What Money Can't Buy

Author: Susan E. Mayer

Publisher: Harvard University Press

ISBN: 0674587332

Category: Social Science

Page: 254

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Children from poor families generally do a lot worse than children from affluent families. They are more likely to develop behavior problems, to score lower on standardized tests, and to become adults in need of public assistance. Susan Mayer asks whether income directly affects children's life chances, as many experts believe, or if the factors that cause parents to have low incomes also impede their children's life chances. She explores the question of causation with remarkable ingenuity. First, she compares the value of income from different sources to determine, for instance, if a dollar from welfare is as valuable as a dollar from wages. She then investigates whether parents' income after an event, such as teenage childbearing, can predict that event. If it can, this suggests that income is a proxy for unmeasured characteristics that affect both income and the event. Next she compares children living in states that pay high welfare benefits with children living in states with low benefits. Finally, she examines whether national income trends have the expected impact on children. Regardless of the research technique, the author finds that the effect of income on children's outcomes is smaller than many experts have thought. Mayer then shows that the things families purchase as their income increases, such as cars and restaurant meals, seldom help children succeed. On the other hand, many of the things that do benefit children, such as books and educational outings, cost so little that their consumption depends on taste rather than income. Money alone, Mayer concludes, does not buy either the material or the psychological well-being that children require to succeed.
What Money Can't Buy
Language: en
Pages: 256
Authors: Michael J. Sandel
Categories: Philosophy
Type: BOOK - Published: 2012-04-26 - Publisher: Penguin UK

Should we pay children to read books or to get good grades? Is it ethical to pay people to test risky new drugs or to donate their organs? What about hiring mercenaries to fight our wars, outsourcing inmates to for-profit prisons, auctioning admission to elite universities, or selling citizenship to
What Money Can't Buy
Language: en
Pages: 254
Authors: Susan E. Mayer
Categories: Social Science
Type: BOOK - Published: 1997 - Publisher: Harvard University Press

Children from poor families generally do a lot worse than children from affluent families. They are more likely to develop behavior problems, to score lower on standardized tests, and to become adults in need of public assistance. Susan Mayer asks whether income directly affects children's life chances, as many experts
What Money Can't Buy
Language: en
Pages: 111
Authors: Ashley Uzzell
Categories: Social Science
Type: BOOK - Published: 2018-11-25 - Publisher: Lulu.com

Sasha Hill has the perfect life. Spoiled and pampered, she is used to having her way. The only problem? She is still a virgin at eighteen, so her friends make a bet that she can't get the quiet Daniel Jones to have sex with her before graduation. Determined to prove
Summary of Michael J. Sandel's What Money Can't Buy
Language: en
Pages: 31
Authors: Everest Media,
Categories: Philosophy
Type: BOOK - Published: 2022-03-09T22:59:00Z - Publisher: Everest Media LLC

Please note: This is a companion version & not the original book. Sample Book Insights: #1 The airlines have begun selling line-cutting privileges as an à la carte perk. For $39, United Airlines will sell you priority boarding for your flight from Denver to Boston, along with the right to
Die moralischen Grenzen des Marktes
Language: de
Pages: 280
Authors: Prof. Ingo Pies
Categories: Philosophy
Type: BOOK - Published: 2017-03-02 - Publisher: Verlag Herder GmbH

Michael J. Sandel, der an der Harvard University politische Philosophie lehrt, ruft in dem hier erstmals in deutscher Übersetzung vorgelegten grundlegenden Text "Marktdenken als Moraldenken: Warum Ökonomen sich wieder stärker auf Politische Philosophie einlassen sollten" die Wissenschaftsdisziplin der Ökonomik dazu auf, sich wieder verstärkt auf ihre historischen und ethischen Wurzeln