This week’s New York Magazine published an article by Lisa Miller entitled “The Retro Wife: Feminists who say they’re having it all – by choosing to stay at home.” I’ve heard this argument before, and I can usually bite my tongue, especially since I cannot imagine what it’s like to be raising a family (according to my partner the cats do not count), but I figured it was a worthwhile venture to explain some of the economics implications of these women who have it “all” by staying at home.
As with all home economics, and not the kind where you learn to make a cake in middle school, we must start with Becker. For a long time, the home was outside the purview of economics. Economics was about the market. But this isn’t totally right, since what happens inside the home often affects how the members of the household…
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Utopia, you are standing in it! 
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