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A new book claims there's a marketplace for sex and lob and we all live than it.
Using the economic principles of supply and demand she unlocks the real reasons we act the way we do and our personal lives joining us is.
The author of this brand new book dollars and sex doctor.
Marina and -- good to have you with us.
They it's -- to be -- thank you -- -- but let's start with this.
Well the world largest reported a 25%.
In teen age birds.
I mean that's -- remarkable.
That's a remarkable improvement.
And something that we're all cheering I'm just not sure what happened.
You know it integrated -- -- and it's not just you know one time drop which you see from time to time I think this is part of a longer trend.
Toward declining birth rate and it you know -- -- is that the biggest raises the teenagers just aren't having sex in high school.
They -- they used to have promiscuity is really fallen in in high schools.
And as for me is an economist my perspective is that I think that students recognize.
That in in the current economy it's so important to stay in school is so important to me to go on -- -- and and and having a little more education after high school.
And I think that students respond to that Friday.
Be a little bit more cautious.
They there's certainly bought the evidence that this relationship between the -- -- -- -- afford to go to -- to college.
And how many sexual partners they have in high school so I think they're really to respond to be economic forces.
-- in that you're describing the somewhat more maturity on the part in judgment on the part of teenagers than some who are.
By having affairs as adults married adults and supposedly monogamous relationships aren't -- Yet -- -- probably teen ages not just maturity year of urine output imposing rationality.
And -- they're making.
Rational decisions and you know course not all teenagers make rational decisions but I think on average I think that this is of being more cautious I I think that they worry about the future they worried about.
You know their job prospects for the future and I think that they do respond to that because -- -- they had the you know they -- they -- going on for the last five years I look and they know what the risks are.
I want some of your.
Some of these subtitles.
That you put through the book.
A truth universally acknowledged that a single man.
In possession of a good fortune must be -- want to have a wife or to.
Got all -- Surat universal.
Well you know that's it that's crystal line from -- Jane Austen.
Book but that that that section of the book is actually talking about and polygamy front and a dry addressing this issues as to why.
You the United States doesn't have polygamy across the board because one of the -- -- things is that.
Economic theory predicts that in a country like the US where you have that a big inequality in terms of -- that you have.
Some very wealthy men.
Why it is they don't have laws that allow them to have multiple wives.
It's agency because.
Other countries the wealthy men have have more mobile -- in countries like the US -- and the rest of the developed world they eked out.
As I talk about that in my book as it is an economic -- you.
And you say wives pay a price.
For taking their husband's name.
Also -- -- you know that's did you -- so if you look at the data you look at the difference between how women who take their husband's name and women who keep their own name.
There's actually a -- penalty that goes -- taking your husband's name.
I even after you control things like education and how committed people are to the workforce and how many children they have.
There's still -- -- penalty associated with that and I think that he is the reason is -- when a woman take keeps her own name.
It sends a signal to her potential employers that she's really committed just sustain in the workforce.
And she's rewarded for that signaling her commitment by being paid higher wage.
At a lot of women of course don't wanna hear this because a lot of -- continue to take their husband's name.
And in some ways and I can I -- reasons.
Good to the contrary -- -- indications in that.
And go back to the teenage sex.
And -- -- You you point out condom availability in schools actually increase this teen pregnancy.
Now talk about -- counter intuitive.
Yet you know actually the interesting thing about being an economist in and looking at data and using theory it is the way I do.
Is it costly coming across things that surprise me a lot of their results are are very counterintuitive in that that you race the great one.
We haven't -- -- that's actually doesn't it's it's it's greater problem pregnancy for younger teens so they're really talking about.
Caught and availability for fourteen and fifteen year old teens.
You don't see this affecting you make condoms available for older teens.
And -- be the argument is they -- -- -- itsy.
A -- we're gonna have to leave -- there -- we're at the end of it.
We appreciate -- the book is dollars and -- it's on our website it's in bookstores online order dobbs dot com thanks for being.
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