Economy of the Family
The areas in which a family operates are relevant not only from a social standpoint but also from an economic one. Like any business, a family operates through organisation, professionalism, and efficiency. Family members conduct their family activities free of charge, producing many positive externalities to their members and to society as a whole. Therefore, a family can be classified as an economic entity, and its function is original and necessary to achieve the common good in areas of constitutional importance (e.g. education and care). Stronger families do not just consume good and services, but also finance the banking system with their savings and help relieve distressed public finances thanks to their intergenerational solidarity.
Family is a relevant economic actor that should be supported as much as companies in its role towards society.
FAFCE’s Message on the occasion of the International Day of the Family 2013: Invest in the Family, Families are Europe’s wealth!
Families are the basic units of society, and a family has a value of its own. It is more than just the simple sum of its members. From an economic perspective the family is not only a consumer
Berlin, 08.07.08: The President of the Federation of catholic Family associations in Europe (FAFCE), Elisabeth Bußmann, has called on the Governments of the EU Member States to endorse the proposal for a Council Directive to apply reduced VAT