Economics, at first glance, doesn’t seem very…well…sexy. It’s all about numbers, right? How the stock market is doing, how much people are willing to spend on stuff they need or want, whether or not people have jobs. That’s economics, right?
Economics is fundamentally about human action. If this is true, then economics applies to “sexual” activity as well.
In the following video from the Austin Institute, today’s sexual “landscape” is examined through the lens of “economic truisms.”
“The Economics of Sex,” attempts to explain why more and more couples are getting married later on in life, “if at all.”
To sum it up, the maker of the video, the Austin Institute, essentially attributes the rise in “premarital sex” to the decline of marriage.
The argument is predicated on the notion that too many women are “giving it away” so quickly that it has “decimated” the necessity of a “lifetime” commitment.
Then, there is a “clever” incorporation of the “supply-and-demand” economic theory that is used to explain why men can continually “chase sex without commitment.”
In the end, the Austin Institutes’ point is that if women “engaged” in far less premarital sex, men would have to “court longer and harder” because our natural “urge for sex” would enable us to “acquiesce” to our woman’s “demand” to be married.
Throughout history, “marriage” has always been a step predicated off a culture’s “conceptualization of preparedness.”
In modern Western Society, that step has become “defined” by one’s ability not only to “love and protect, but to financially provide security.”
The prevalent “reality” of the world we live in today is that the step towards “having your shit together” is taking “far” longer than it ever has at any other time in recent history.
This means marriage is getting delayed because “economic realities” are demanding more from singles and couples than ever before, and “that” strain is real economics that this video is missing.
What does the left know about economics?
