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The Divorce Revolution Perpetually Reduces U.S. Economic Growth
Divorce Removes a Fourth of Head-of-Household Productivity Growth
Henry Potrykus, Patrick Fagan
Divorce, now acculturated, constantly inhibits U.S. economic growth.
- Human capital is one of three major contributors to the growth of the U.S. economy.
- Marriage lends between one third to one quarter of the human capital contribution for adult men to economic growth.
- The "Divorce Revolution" (1960s-1970s) tripled the rate of divorce in the United States thus imprinting, in a natural experiment, the effects of divorce on the economy.
- Through divorce men become less productive.
- Divorce causes this drop in productivity, thus contracting economic growth.