This book provides unique insight into the relationship between economics and family life. Taking ideas from the Austrian school of economics' understanding of monetary theory, it delves into the drivers of family formation, fertility, and family disintegration, with a particular focus on the role of inflation and inflationary policy. By placing questions surrounding family life within a political economy setting, the impact of relative price changes, inflation culture, and specific monetary policies on the role and structure of the family are highlighted.

This book offers a nuanced and robust understanding of the economic causes of the deinstitutionalization of traditional family life. It will be relevant to students and researchers interested in monetary economics and the economics of the family.

Highlights the impact of relative price changes, inflation culture, and monetary policies on the structure of the family Examines the economics of family life from an Austrian economics perspective Explores the economic drivers of changing trends in family formation and fertility

Autorentext

Jeffery L. Degner is Dean of the School of Business & Innovation and Assistant Professor of Economics at Cornerstone University and is a Fellow of the Mises Institute.

Inhalt

1. Theoretical Economics and the Family.- 2. Empirical Economics and the Family.- 3. Money Production and Cantillon Effects.- 4. Monetary Policy and the Emergence of the Inflation Culture.- 5. Empirics on Inflationary Institutions and Habits on Family Life.- 6. The Econometrics of Monetary Policy, Inflation Culture, and Family Life.- 7. Conclusion.