A graph published in this weeks edition of The Economist shows how a woman’s earning power is impacted by having children. It turns out that there is a strong correlation between the amount of income a woman loses by having children and the earnings her mother lost by starting a family.
For example, if a mother took a significant drop in income to have children then her daughter is likely to do the same. Similarly, if a mother went straight back to work after having kids then her daughter is likely to follow suit.
The pace of change today is staggering. Even in my comparatively short lifetime, the world has transformed beyond recognition. Big cultural shifts, on the other hand, happen more slowly. While some things change rapidly others mutate at a more relaxed pace.
Despite the flux of the modern world ones parents are still a good indicator of what a child’s future may hold for them. Some people get extremely frustrated with things like this. “We need rapid change now!” They proclaim.
For decisive alterations to happen they need time to take effect. Through culture, not by state decree. People would do well to remember this.