For Love or Money--Or Both?

Nancy Folbre and Julie Nelson ()

Journal of Economic Perspectives, 2000, vol. 14, issue 4, pages 123-140

Abstract: This paper explores the implications for economic analysis, societal well-being, and public policy of the movement of care services (such as child and elder care) from home to market. A broad empirical overview sets the stage for the argument that this process cannot be properly evaluated using only a priori judgments about the suitability of marketization. The context in which markets operate is crucial, and while the growth of market provision poses some risks, it also offers some potential benefits.

Date: 2000
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