Motherhood Worth Money?
What this article explains that if mothers could make money for being a mother than they would be worth 138,000. She would get this much money because of the fact that she is a housekeeper, psychologist, and cook. The also mention that she would make another 83,000 if she worked outside of the house. After reading this article my question is, can you really put a price on motherhood? and if you could do you agree?
4 comments:
I dont really think you can put a price on motherhood, only because if they dont work they will not get paid anyways. It is just a theoretical amount of income the could recieve if they worked all those jobs.
Economically speaking, motherhood could be classified as an implicit cost. The $83,000 is the opportunity cost for women if they decide not to have children. If women are ok with the opportunity costs associated there should not be a problem. You can put a price on motherhood-it's termed as opportunity cost.
I love these analyses - they take so many liberties in analyzing what mother's should be paid. It seems unfair to analyze the individual tasks a mother performs as a whole and assign a dollar amount they would earn in the "real world" should they complete those tasks there. Most tasks done by mothers that are accounted for, such as being a psychologist or an educator in a day care, are done with little or no formal training in those areas, and can't be assigned a value based on the pay a trained professional in that field could earn. Rather than try to place a compensation value on a mother's work, why not try to appreciate the work more? I'm sure the women who do these daily tasks would love that more than hypothetical figures.
You definately can't put a price on motherhood. That is an absolutely absurd notion. Like Josh said, they take so many liberties when doing research like this, it is ridiculous.
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