Reply #175: His other article is even worse [View All]

[Marie26]

This loser wrote another article for Forbes, in which he compared wives and "whores" for their economic value. I kid you not.

"Wife or whore?

The choice is that simple. At least according to economists Lena Edlund and Evelyn Korn, it is.

The two well-respected economists created a minor stir in academic circles a few years back when they published "A Theory of Prostitution" in the Journal of Political Economy. The paper was remarkable not only for being accepted by a major journal but also because it considered wives and whores as economic "goods" that can be substituted for each other. Men buy, women sell.

Wives, in truth, are superior to whores in the economist's sense of being a good whose consumption increases as income rises--like fine wine. This may explain why prostitution is less common in wealthier countries. But the implication remains that wives and whores are--if not exactly like Coke and Pepsi--something akin to champagne and beer. The same sort of thing.
...
In particular, the assumption that there is no "third way" between wife and whore is problematic, if not outright offensive: "The third alternative, working in a regular job but not marrying, can be ruled out, since we assume that the only downside of marriage for a woman is the forgone opportunity for prostitution."

Still, the economic analysis of marriage explains one age-old phenomenon: gold digging.

"In particular, does our analysis justify the popular belief that more beautiful, charming and talented women tend to marry wealthier and more successful men?" wrote Becker. His answer: "A positive sorting of nonmarket traits with nonhuman wealth always, and with earnings power, usually, maximizes commodity output over all marriages."

Hyperlink: Get information on working girl wages through the ages

http://66.102.7.104/search?q=cache:RbIVb6Rv-VcJ:www.forbes.com/2006/02/11/economics-prostitution-marriage_cx_mn_money06_0214prostitution.html+&hl=en&gl=us&ct=clnk&cd=1

This article has also been removed from Forbes website, thankfully. How did this kind of misogynistic crap end up in a major business publication? Just UGH. It's like a time-warp back to the 1970's.