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jsalvatier comments on Review: Selfish Reasons to Have More Kids - LessWrong
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Though you'd think that if that were the case, such effects would show up in income statistics. A better argument is that having a kid who does violin etc gives parents a status boost (this is how I originally interpreted Christian's statement).
I mostly agree; though there's also the aspect of having your kid associate with the kind of kids who get sent to violin lessons, which is probably a "better" peer group than what you'd get from many other activities.