In The Feminine Economy and Economic Man, Shirley Burggraf sets the record straight about the true value - and true cost - of the family's work in nurturing and protecting society's "human capital." With startling insight she also shows why we must replace our "charity" attitude toward family with something more appropriate, the same model we use for encouraging other, important economic entities - the model of investment and incentives.

Women no longer volunteer to nurture and educate the young, or to take care of the sick and dying, for submarket wages or for no wages at all. A huge transfer of labor has taken place from the Feminine Economy of caregiving into the market-driven world of Economic Man, but economists, persisting in their blind spot, have yet to recognize the full impact of the shift. Thirty years after this free or underpriced labor force began to disappear we see our social structure fraying at the seams.

The answer, clearly, is not to send women back home, nor is it for paternalistic government to try to displace the family entirely and take over every caretaking function. The answer is insightful public policy that insures that those who invest most in producing our economy's human capital - the parents, the teachers, the caregivers - be rewarded with real economic incentives rather than lip service and platitudes.

A parent's dividend through social security, dramatic revision of our divorce laws, and a parent-driven approach to public education are just a few of the provocative ideas Shirley Burggraf offers for bringing the family back into the center of this vital economic function. Both in its analysis and in its recommendations, this is a book certain to spark heated debate.