I totally thought this blog on prostitution found at the Idea shop thinking about prostitution was hilarious.
It compares prostitution to marriage. The blog is based on a paper written by a man and woman who claim that prostitution, economically, may be the world’s oldest profession. Prostitution is said to be an inferior good. The best part of the whole blog for me was when it suggested that wife’s and prostitutes are substitutes. In definition from all I can tell marriage and prostitution are substitutes.
My skepticism comes into play when the blog said prostitution falls as men’s income rises. This doesn’t make sense. The more money one has the easier it would be for a that person to get sex with out any ties. Which makes me ask why would poor men be more inclined to pay for sex when they don’t have the money. Now that does not seem very economical to me.