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The Marriages of Power Couples Reinforce Income Inequality
NY Times ^ | December 24, 2015 | Tyler Cowen

Posted on 01/04/2016 1:28:08 PM PST by C19fan

The notion of “making a good match,” a staple of the writings of Jane Austen and Henry James, continues in contemporary romance novels. At the same time, income inequality commands increasing attention from economists. Lately we’ve been learning just how much these two topics are tied together.

These days, an investment banker may marry another investment banker rather than a high school sweetheart, or a lawyer will marry another lawyer, or a prestigious client, rather than a secretary. Whether measured in terms of income or education, there are more so-called power couples today than in the past, one manifestation of a phenomenon known as assortative mating, or more generally the pairing of like with like.

(Excerpt) Read more at nytimes.com ...


TOPICS: Culture/Society
KEYWORDS: inequality; marriage
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No wonder Jane Austen is hot again.
1 posted on 01/04/2016 1:28:08 PM PST by C19fan
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To: C19fan

“Gay” “marriages” are even worse in this regard. Plenty-0-DINKS....


2 posted on 01/04/2016 1:29:13 PM PST by Paladin2
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To: C19fan

So they’re going to start telling us who we can and can’t marry now?


3 posted on 01/04/2016 1:32:57 PM PST by Tzimisce
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To: C19fan

Here it comes...government must approve of your spousal choice for the greater benefit of society. Billionaires can only marry people from the “poor side of town.”

Next up...all marriages arranged by government. Utopia, here we come.


4 posted on 01/04/2016 1:33:20 PM PST by ProtectOurFreedom (For those who understand, no explanation is needed. For those who do not, no explanation is possible)
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To: C19fan

Why does the left choose to cover the issue of rising prosperity in poor regions by being selective about the differences in wealth? I can only conclude that the left is so self-loathing about the prosperity of the west they would feel better if the west was brought down a few notches.

Moreover, when you dig a bit into the complaints about “income inequality”, you do not find anyone on the left fretting about, say, how much the Rolling Stones earned for a single concert as compared to how much they paid the people who unloaded their gear from the truck. We do no hear a peep of complaint that Matt Damon is being paid $3 million to appear in a 60 second commercial for a coffee machine, when I am sure the gaffers and the sound men on the shoot will only make union wages.

We should cheer because of the tremendous value that some people have the freedom and circumstances to create and because of the modern means of amplifying the creative work of a person so many can enjoy it no matter where in the world they may be. And thanks to the creative work and generosity of people like Salman Kahn, whose Kahn Academy is free to anyone who wants to learn, and to all the universities who give coursework for free, anyone in the world with an internet connection can be just as educated and just as creative.

Instead we seem to fixate on just how poor some people are when others are not poor, as if the wealthy somehow stole their wealth. Well, that colonial model is old and busted. GET OVER IT.

Liberals are driven by The Narrative even when they are not conscious of what it is and where it would take them. The Narrative is to be on the continual hunt for victims and oppressors. In the narrative about people who have wealth and people who don’t it is easy to have a continual supply of victims by which liberals can express their self-loathing over, and by which they can inhibit and shame people who are exceptional achievers. In the process, prosperity, innovation and diligent work are denigrated. Dependency is elevated to a form of moral nobility. Our society is worse off for it.


5 posted on 01/04/2016 1:34:59 PM PST by theBuckwheat
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To: ProtectOurFreedom

Hay, it’s for your own good comrade. Viva la revolution!


6 posted on 01/04/2016 1:35:41 PM PST by Paladin2
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To: C19fan

State mandated nuptials without regard to gender.

Now everyone can be equally....unhappy.

Oh what a wonderful liberal world.


7 posted on 01/04/2016 1:35:44 PM PST by joshua c (Please dont feed the liberals)
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To: ProtectOurFreedom

No.

Your move.


8 posted on 01/04/2016 1:35:45 PM PST by NorthMountain ("The time has come", the Walrus said, "to talk of many things")
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To: NorthMountain

“No.

Your move.”

Exactly, why would I want marry a fat, lazy welfare b*tch?


9 posted on 01/04/2016 1:38:31 PM PST by Fai Mao (Just a tropical gardiner chatting with friends)
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To: Fai Mao

And why would a nice young lady want to marry Trayvon Gibsmedat?


10 posted on 01/04/2016 1:39:34 PM PST by NorthMountain ("The time has come", the Walrus said, "to talk of many things")
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To: Fai Mao

Think of all the money those little Sons of Obama would bring in. At twenty Baby Trayvons or so, you could retire and shoot hoops all day.


11 posted on 01/04/2016 1:47:54 PM PST by ProtectOurFreedom (For those who understand, no explanation is needed. For those who do not, no explanation is possible)
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To: C19fan

So then, in the interest of “income equality”, all marriages between economic equals are forbidden, and all must marry someone in the opposite end of the income spectrum.


12 posted on 01/04/2016 1:50:29 PM PST by I want the USA back (Media: completely irresponsible. Complicit in the destruction of this country.)
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To: C19fan

They can have their loveless power alliances. Imagine the tension in those bedrooms. Ick.

They will fall in front of the throne of Jesus right along with the rest of us little people.


13 posted on 01/04/2016 1:57:15 PM PST by lurk
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To: lurk

U mean like Bill and Hillary?


14 posted on 01/04/2016 2:03:48 PM PST by DIRTYSECRET (urope. Why do they put up with this.)
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To: ProtectOurFreedom

And yet they hate Trump, who married multiple girls of various classes AND divided his wealth among them and their offspring.


15 posted on 01/04/2016 2:09:40 PM PST by tbw2
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To: theBuckwheat

Good response, theBuckwheat.

I just can’t give the Slimes a internet hit on this article. It looks like it will just state the obvious (which I know is sometimes hard for the slimes to figure out!).

Oldplayer


16 posted on 01/04/2016 2:12:43 PM PST by oldplayer
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To: C19fan

As I told my wife, she married down. I don’t want the government tell me what income group I should marry.


17 posted on 01/04/2016 2:17:47 PM PST by ExCTCitizen (I'm ExCTCitizen and I approve this reply. If it does offend Libs, I'm NOT sorry...)
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To: C19fan

Women rarely marry down economically.

Thus, the natural outcome of high-income women is very high-income couples.


18 posted on 01/04/2016 2:39:16 PM PST by SampleMan (Feral Humans are the refuse of socialism.)
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To: ExCTCitizen

Women choose their mates, men just think they do.


19 posted on 01/04/2016 2:39:44 PM PST by Little Bill (EVICT Queen Jean)
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To: C19fan

Yeah—freedom and a meritocracy further inequality, too.


20 posted on 01/04/2016 2:41:14 PM PST by 9YearLurker
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