In long-term measures of well-being (...) parental influence exerts a temporary effect which disappears when we are no longer living with our parents.
Everything in human life is temporary. The temporary effect while living with our parents is about 20 years, the average human life is about 70 years... so these "temporary effects" still make about 25% of human life; enough to be included in the utilitarian calculation.
'well-being' is kind of vague here and the subsequent examples imply that the importance is far less than 25%. 'employment' and 'education'? The employment you have while living with your parents as a teenager is a rounding error on your lifetime income (and increasingly teen employment hardly exists) and is worth far far less than 25%. The education is a little more important, but as Caplan has blogged about prolifically, education past middle school is almost entirely about signalling for your career rather than building important skills or learning important knowledge and so it is subsumed under the previous employment point, and the effects of education seem to fade out as other signals assume more importance.
I just read this article about the felicific calculus of parenthood.
In the comments section, the following grabbed my attention.
Then, I read this article. Here are the highlights:
That's rather confronting:
* a '5' on a scale of happiness ain't that bad
* don't stress too much when raising your biological kids, you can't do that much
* they're probably not worth having anyway
Just kidding. But, the evidence is quite fascinating.