Musing: Appraising Children

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The teaser headline on a Business Insider article —  “The ultimate status symbol for millionaire moms on New York’s Upper East Side is not what you’d expect” — is explained by the piece in what seems a surprisingly positive way .

The status symbol isn’t “a ski home in Aspen” or a “private jet” or “a closet full of Birkin bags” (whatever they may be).  It is children.  Or in the piece’s rather gauche words, “a whole mess of kids.”

Unfortunately, the reason for the great valuing of children, the piece depressingly explains further, is that “it’s expensive to raise kids.”  Thus, progeny are a way to “flaunt your wealth.”

How sad.  Yes, children are expensive to raise and school and clothe and feed.  And, yes, they are priceless.

But their immeasurable value doesn’t lie in what they cost.