01.09.2022 Views

NHEG-September-October2022

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

September October 2022

NHEG EDGUIDE September - October 2022

In life, just as in economics, there are trade-offs. Most women realize they will likely not be able to be a successful

career woman, a dedicated mother, and a jaw-dropping homemaker all at the same time. There are choices to be

made here, and some women are simply deciding that motherhood is the role they can let go.

It’s important to point out that these are choices that used to be harder to make. In generations past, women were

shamed for not having kids, ostracized in society, or simply did not have the access to birth control they needed to

determine their own pathway. We’re moving away from that kind of culture, and the advancements in women’s healthcare

have empowered women to set their own course.

2. More Americans (Men and Women) Don’t Want to Have Kids

As a woman who has never wanted children, I’ve thought deeply about this topic. And I believe there are many others

who are looking at the same factors I am and reaching the same conclusion.

Motherhood is hard, physically, emotionally, and mentally. I personally never wanted to go through the pain of

childbirth, nor do I want to give myself the mental and emotional anxiety that comes with taking on this role. But as

pointed out above, this wasn’t always a calculation afforded to women.

MONDAY, JUNE 6, 2022

BY HANNAH COX

5 Reasons America’s Birthrate Is Plummeting

Elon Musk recently tweeted, “population collapse is th

biggest threat to civilization.”

The tweet included a link to an interview Musk gave

where he expanded on the subject. “Assuming there’s a

benevolent future with AI, I think the biggest problem

the world will face in 20 years is population collapse,”

Musk wrote. “Collapse. I want to emphasize this….Not

explosion, collapse.”

Musk has been known to raise this concern in the past

too. Last year he told the Wall Street Journal, “I can’t

emphasize this enough, there are not enough people.”

He also said that low and rapidly declining birth rates are

“one of the biggest risks to civilization.”

That the wealthiest and arguably one of the smartest

men on earth spends his days fixating on this issue

should be a signal to others that things might be more

dire than they think.

According to the US Census, “The US population grew at

a slower rate in 2021 than in any other year since the

founding of the nation.” And we’re not alone. According

to reporting by the BBC, “Researchers at the University of

Washington’s Institute for Health Metrics and Evaluation

showed the global fertility rate nearly halved to 2.4 in

2017 - and their study, published in the Lancet, projects it

will fall below 1.7 by 2100.”

Population replacement rates are important for a society

to sustain itself. We need people to be born so that

there are workers to fill the various needs of the whole.

Old men cannot do the labor young men can do, young

adults are needed to care for the dying and aging. Fewer

people means less economic activity, smaller GDPs, less

The simple truth is, there are fewer people who want to bring kids into the world. Though

the reasons are diverse, 44 percent of non-parents between 18 to 49 say it is not to or not

at all likely they will procreate.

72

innovation, and less competition.

It also means we have less division of labor. As Adam

Smith wrote in The Wealth of Nations, “The division of

labor is limited by the extent of the market.“ That means

people are less able to specialize and lean into their preferences

or areas of expertise in their work.

As a whole, the machine slows and then stagnates when

new firewood is not added to the furnace.

But while Elon Musk is absolutely correct about the problem

and the potential threat it poses to society, he has

not addressed (as far as I’ve seen) the underlying issues

creating it or discussed how they might be solved.

So, in an effort to address these issues, here are five reasons

people are increasingly choosing not to procreate,

along with the free-market responses that could address

them.

1. Higher Opportunity Costs for Women

The simple fact is, some people don’t want children. And

there are legitimate reasons for that choice.

No matter what Sheryl Sandberg wants you to believe,

women cannot have it all. “Leaning in” is a practice that

has left most women who attempt it barrelled over in

pain.

The reality is, while women tend to work outside the

home in most partnerships now, the vast majority of

childcare and household work continues to be laid at

their feet. This is an ongoing issue that causes many

women to choose not to have kids or not to have more

kids.

Furthermore, I love working—always have. And I’ve built a meaningful and impactful career I’d never be willing to give

up. While some women choose to work and have kids, that’s not a situation I’d choose for myself. I’d never put my

kids in government schools nor would I want them to spend their time with others in daycare. So when faced with the

choice of pursuing my work or raising kids, I simply choose the former. It’s where I want to spend my time. I’ve met

many others who feel the same way as me.

There are other factors as well. While the world has actually been improving (though you wouldn’t know it based on

the media), there are many people (myself included) who look around and still don’t find the world to be one they’d

want to bring kids into.

Thanks to birth control and the gains made under feminism, these are choices women now get to make that other generations

simply were not afforded. As a whole, this is a choice that should be accepted and even celebrated by society.

Are there free market solutions to these factors? Sure. School choice would make it easier for women to homeschool

or find other alternatives. Remote work would allow more people to balance child-rearing with their careers. And

improvements in our social climate would likely make people more optimistic about procreating.

Still, the simple truth is, there are fewer people who want to bring kids into the world. Though the reasons are diverse,

44 percent of non-parents between 18 to 49 say it is not to or not at all likely they will procreate. And that’s ok. But for

those who do want kids, we should strive to create a world where that option is as feasible as possible.

3. New Gender Norms Are … Complicated

While some women and men are simply choosing not to have kids, others wish to and cannot find adequate partners.

It’s important to remember that we are still merely a few decades into a new normal: the sexes having equal rights

and a fair playing field.

While this is long-overdue progress that should obviously be celebrated, it also means the social fabric of our society

is still fraught with landmines. For all of human history, women and men have not been in a situation where they were

equal under the law.

That means culturally and biologically women are programmed to look for partners who are stronger and wealthier

than they are, because those elements were essential for survival for most of our existence. But in recent decades,

women are largely surpassing men economically. They are more likely to obtain degrees, are catching up to men in

their earnings, and in 37 percent of US households, women pay the bills.

To this, many will say women should just lower their standards or not be so picky. But it’s not that simple. Again, to do

that requires overcoming significant evolutionary impulses on the part of women. And even when they do overcome

these factors, it still isn’t working out. In fact, marriages with female breadwinners are 50 percent more likely to end in

divorce. This illustrates that the power dynamic shift created between higher earning women and lower earning men

is one our society has not yet learned to live with.

73

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!