{"id":42,"date":"2026-09-16T09:00:00","date_gmt":"2026-09-16T09:00:00","guid":{"rendered":"https:\/\/demo.generatemarket.net\/paper\/2026\/09\/16\/%ec%97%b0%eb%af%bc%ec%9d%98-%ea%b2%bd%ec%a0%9c%ed%95%99\/"},"modified":"2026-09-16T09:00:00","modified_gmt":"2026-09-16T09:00:00","slug":"%ec%97%b0%eb%af%bc%ec%9d%98-%ea%b2%bd%ec%a0%9c%ed%95%99","status":"publish","type":"post","link":"https:\/\/demo.generatemarket.net\/paper\/42\/","title":{"rendered":"The Economics of Compassion"},"content":{"rendered":"\n<p class=\"article-dek wp-block-paragraph\">Why care work doesn\u2019t show up in GDP<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The hours spent caring for a sick parent, feeding a child, or doing a neighbor\u2019s grocery shopping. All of this labor holds society up, yet it barely appears in economic indicators, because no money changes hands.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Invisible labor<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Several studies estimate that, converted to dollars, unpaid care work amounts to a sizable share of a national economy. Yet this labor is left out of the statistics, and so it is often left out of policy too. What isn\u2019t measured isn\u2019t managed.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">If we counted care<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Credit caregiving time toward pension eligibility<\/li>\n\n\n\n<li>Raise caregivers\u2019 wages to skilled-labor levels<\/li>\n\n\n\n<li>Increase public support for local care cooperatives<\/li>\n\n\n\n<li>Include employees\u2019 use of caregiving leave in corporate ratings<\/li>\n<\/ul>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">In the end, the economy is a story about how we care for one another.<\/p>\n<cite>From an economist\u2019s lecture<\/cite><\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">Compassion is a feeling, but what makes it sustainable is institutions. A society that leaves care to individual goodwill alone ends up passing the cost to its weakest members. It is time compassion had a ledger too.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Why care work doesn\u2019t show up in GDP<\/p>\n","protected":false},"author":7,"featured_media":28,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[29,30],"class_list":["post-42","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-care","tag-economy"],"_links":{"self":[{"href":"https:\/\/demo.generatemarket.net\/paper\/wp-json\/wp\/v2\/posts\/42","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/demo.generatemarket.net\/paper\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/demo.generatemarket.net\/paper\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/demo.generatemarket.net\/paper\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/demo.generatemarket.net\/paper\/wp-json\/wp\/v2\/comments?post=42"}],"version-history":[{"count":0,"href":"https:\/\/demo.generatemarket.net\/paper\/wp-json\/wp\/v2\/posts\/42\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/demo.generatemarket.net\/paper\/wp-json\/wp\/v2\/media\/28"}],"wp:attachment":[{"href":"https:\/\/demo.generatemarket.net\/paper\/wp-json\/wp\/v2\/media?parent=42"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/demo.generatemarket.net\/paper\/wp-json\/wp\/v2\/categories?post=42"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/demo.generatemarket.net\/paper\/wp-json\/wp\/v2\/tags?post=42"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}