How Economics Explains The Rising Support for Gay Marriage

  • Posted by a hidden member.
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    May 15, 2012 8:19 PM GMT
    Not just a moral imperative, an economic one as well.

    http://www.freakonomics.com/2012/05/15/how-economics-explains-the-rising-support-for-gay-marriage/

    For heterosexuals who have embraced the modern notion of marriage, the idea of same-sex marriage seems natural. These couples aren’t any different from them. They love and support each other, raise kids together and are committed to each other. They share values, desires and interests. Not allowing them to marry is as arbitrary as not allowing couples of different races, ethnicities or religions to marry.

    It is no coincidence that many of the opponents of same-sex marriage are also opponents of the ongoing shift to marriages of equality. Theirs is a futile battle. The reach of markets will keep expanding, allowing individuals and families to reap greater returns by selling their specialized skills and services outside the home. Technological change will further undermine the benefits of specialization within the family. Improvements in women’s education will continue to raise the opportunity cost of staying at home.

    The implication is that ultimately, traditional marriages are doomed. And indeed, countries in which gender and social norms have been the slowest to evolve have seen the biggest declines in fertility and marriage.

    The best way to let marriage thrive in the 21st century is to embrace the new model of equality and to welcome all couples, regardless of sexual orientation.


    It's worth reading the whole thing. Also more here -

    http://www.freakonomics.com/2012/05/15/how-economics-explains-the-rising-support-for-gay-marriage/

    My prediction: The reach of same-sex marriage will continue to grow, and in a decade or so, will be largely uncontroversial.


    I suspect Wolfers is absolutely right.
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    May 15, 2012 8:38 PM GMT
    What if I want to marry someone of a different race, different ethnicity, different religion, AND same-sex? icon_razz.gif
  • parametric

    Posts: 63

    May 15, 2012 8:55 PM GMT
    He's basically making an argument and prediction that Engels made over a hundred years ago. Marxists aren't often right, but I think this one is on the money.
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    May 15, 2012 9:38 PM GMT
    parametric saidHe's basically making an argument and prediction that Engels made over a hundred years ago. Marxists aren't often right, but I think this one is on the money.


    What was the Engels prediction on this one?