Peak population is coming for all of us. Sensible measures can respond to the strains imposed by smaller families, but cultural norms matter as much as policy outcomes. While Federal Reserve Chair Jerome Powell was undoubtedly the main attraction at Jackson Hole, there were other weighty issues on the table. The role of men and societal values in declining fertility was among them. Nobel laureate Claudia Goldin told the Fed's conference in Wyoming that it's important not to overlook tradition when explaining low fertility.