Raising a child on your own is tough. It would be a lot more appealing with extra state support

Birthrates are falling in the rich world and this leaves us with an unsolved puzzle. Women who want children are not having them. Why? Surveys tell us that, on average, women and men in rich countries would ideally like two children – near the coveted “population replacement rate” of 2.1 – but birthrates are falling far short of this. Women have more money and choices than ever, but are for some reason not able to have as many children as they would like. Why not?

Well, in places such as the UK, falling birthrates are frequently blamed on childcare, housing and income problems. In some respects, people in their 20s, 30s and 40s are worse off than their boomer parents. Hence fewer children.

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