Economists assumed that households acted as if they were a single individual that had one set of preferences ROTLF
If that were the case, money wouldn't be a big part of marital strife. Other than being obvious (whether the discontent is overt) it's important to understand because it does have a wider effect on the economy. The article cites a change in family allowance from a tax credit to a cash dispersal to the mother and found it increased spending on child clothing.
I think I must be weird. I really had to mentally adjust to the idea of being married - that is part of a team where I don't get to always be the captain - and long ago thought about whether being together is much better than being apart or together with someone else.
http://www.cbc.ca/amp/1.4538648
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Well it's obvious women have been largely shut out of economics academia as well
ReplyDeleteUgh. I told all my children, especially my daughters: do not marry anyone without doing a credit check on the prospective spouse. I'll pay for it, if they couldn't afford it at the time. And furthermore, should they get a home, make sure both people have a room to themselves - I'd pay to upgrade that purchase as well.
ReplyDeletePeople get marriage all wrong, I figure. It's a contract, pretty much like any other sort of partnership or incorporation.
I kinda like how the Saxons did marriage anciently: women had rights. And should her husband strike her, she had the right to load all the family possessions up, take all the children, return to her father's house and remarry.
These fights all emerge because the partners aren't ready or mature enough to know how to quarrel respectfully, getting their own concerns on the table without passive-aggressive nonsense or domineering hubris. Nobody's the captain in a partnership.
These are left over ideals from the 50s that still affect our economy because it misreads spending so badly.
ReplyDeleteOwn space and personal account/cc Dan WeeseWeese. I know of 2 women (so I'm sure it happens to men as well) where the spouse was overspending and keeping the women from removing their name from the account and being liable for debt. We have always each had a personal account to fritter money away from without having to account for it to the other person.
Sure marry for love but be aware you are entering a contract that, like all contracts, should be assessed and renegotiated as necessary.