The Economics of Eldorado
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With polygamy back in the news with some breakaway Mormon fundamentalists suing under the same logic as gay marriage, you might be interested in The Economics of Eldorado, a 2008 post I wrote on the how the leaders of the Fundamentalist Church of Latter-Day Saints can afford to have all those wives in that huge compound in Eldorado, Texas where the state seized 437 children:
If you ask most guys, they'll tell you that having one wife is expensive. So, how do you have a community based on having a bunch of wives?
Read the whole thing there.
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