How does parenting influence a child's success in life according to economic theories?

According to economic theories, parents can significantly influence a child's success in life. They can provide resources, support, and an environment that fosters growth and development. However, the exact impact of parenting on a child's success can vary depending on various factors such as the child's individual characteristics, the socio-economic status of the family, and the broader social and economic context.

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Author Steven Levitt, working with journalist Stephen Dubner, shows how economic theories can be used to analyze social issues. Each of the six essays in explores a different theory or social issue, from cheating by sumo wrestlers to the economic organization of drug gangs. Along the way it addresses a series of questions such as "Why do some teachers cheat on test results?" and "Do parents really make a difference to a child's success in life?" Using a series of stories and case studies the author shows that, at its root, economics is the study of how people behave and how they get what they want.

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Freakonomics

Author Steven Levitt, working with journalist Stephen Dubner, shows how economic theories can be used to analyze social issues. Each of the six essays...

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