Acton Institute Powerblog

Family Economics

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It should be obvious that developments within a social institution as fundamental as marriage will have an economic impact. Sorting out cause and effect in such cases is no easy matter, however; the temptation is to draw easy and simplistic connections. A suitably sophisticated analysis comes from Fr. John Flynn at Zenit. Flynn reports on a study by the National Marriage Project. Lots of interesting tidbits here, not all of them exclusively related to family issues. Among them: 75% of job losses during the current recession in the US have been concentrated among men without a college education; college-educated women are now more likely to marry and less likely to divorce than their less educated counterparts; extramarital affairs and alcohol/drug abuse are the only factors more strongly predictive of divorce than the feeling that one’s spouse is financially irresponsible.

Kevin Schmiesing Kevin Schmiesing, Ph.D., is a research fellow for the research department at the Acton Institute. He is a frequent writer on Catholic social thought and economics, is the author of American Catholic Intellectuals, 1895-1955 (Edwin Mellen Press, 2002) and is most recently the author of Within the Market Strife: American Catholic Economic Thought from Rerum Novarum to Vatican II (Lexington Books, 2004). Dr. Schmiesing holds a Ph.D. in American history from the University of Pennsylvania, and a B.A. in history from Franciscan University ofSteubenville. Author of Within the Market Strife and American Catholic Intellectuals, 1895—1955 (2002), he serves as Book Review Editor for the Journal of Markets & Morality. He is also executive director of CatholicHistory.net.

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