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In a truly 'new whatever economy' with minimal barriers to entry and no middlemen, wouldn't the competition quickly reduce prices to subsistence levels? If the
by gyardley 10y ago
In a truly 'new whatever economy' with minimal barriers to entry and no middlemen, wouldn't the competition quickly reduce prices to subsistence levels?
If these women are truly able to charge hundreds of dollars for their time, I'm thinking this is way more of a niche activity than the author's implying.
- lordnacho 10y agoI think 538 or one of those prominent economics blogs had an article about this; they looked at prices before and after the pill and sexual liberation of the 1960s, and concluded prices had collapsed. Basically they concluded that supply and demand (the default explanation) was working. If social attitudes change, and tech lends a hand by making it easier and discreet, I don't see why the same dynamic wouldn't continue.
- netsharc 10y agoHeh, Tinder where you have several "Like" buttons, each with a different price tag...
- GVIrish 10y agoI think the social barrier to entry is extremely high so supply is not going to going to rise very quickly. The rich clientele here are looking for very attractive women who may have some college-education. In that group of people (and really any group) there is still a lot of stigma with this sort of thing. It can ruin relationships with friends and parents. It can also ruin prospects with long term partners. Not everyone would be willing to pay that price. I'm sure prices will be driven down as stuff like this becomes more accepted but I doubt it will be driven down to subsistence levels. Sex work is not for everyone, even if it is more socially acceptable.