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by nobodyandproud 202 days ago
> the tough question of the individual responsibility not to have more children than one can afford

It’s out of touch because it’s not merely a “tough” question.

It’s not a well-defined question and it may not be quantifiable.

It’s a terrible lens to view through, but financially speaking creating or extending your family is a major risk.

The easy questions: What does it even mean to say one has more children than one can afford? What standard is being used to decide when someone has gone past affordability?

The harder or impossible questions, and these are critically important: What factors play into the financial risk of having or extending a family? And can each factor be quantified?

I suspect the answer is no, because few or no private insurer is in business guaranteeing long-term employment terms.

Finally: Even if the probabilities can be accurately quantified, what risk threshold can we establish as responsible vs irresponsible?

And the burden is on the claim maker to establish that it’s possible, because as far as I know life in a market economy is a bit too messy to forecast in this manner.

If this inspires you or someone else to try, I wish you all the best and with my blessing.

1 comments

No idea what you're on about but good luck to you...
Appealing to common sense is insufficient for creating a sound policy or even a sound personal financial policy.

Your quip implies decisions based on financial risk, which is just probabilities of a certain category.

Given that the market doesn’t insure to hedge against your “tough question”, it suggests (though doesn’t prove) it can’t really answer that question.

But if your suggestion and quip wasn’t meant to be thought through and modeled, then carry on.

Edit: tl:dr; I’m trying to understand your question beyond vagaries, which you’ve so far refused to clarify. Therefore, nobody can really answer your question.

Well, again, good luck to you...