This book investigates the intricate relationship between household structures, labor participation, and the evolving economic landscape, particularly focusing on the period of significant economic transformation in the late 20th century. Jane Wheelock, drawing on her expertise in economic history and sociology, examines how changes in family dynamics and work patterns have influenced and been influenced by broader economic shifts. The work presents an argument that understanding these micro-level household decisions is crucial for a comprehensive analysis of macro-economic trends and policy.

This work is recognized as a significant contribution to the study of economic history and household economics, offering a detailed analysis of the interplay between domestic life and economic transformations. Scholars in the field have noted its rigorous approach to data and its insightful arguments regarding the causality between household decisions and broader economic trends. The book is considered a valuable resource for academics and students seeking to understand the socio-economic underpinnings of late 20th-century economic changes.