When unpaid cooking, cleaning and child care get a dollar value, income inequality in the US shrinks – but the gap has grown since 1965
When economists track inequality, they typically focus on income and spending. But a significant share of the services that families actually consume – meals cooked at home, child care, housecleaning and lawn mowing – is produced by unpaid labor that never appears in these conventional measures. As economists who study caregiving and inequality, we wanted […]
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