Married men on average earn more income
Studies indicate that married men on average earn more income than unmarried men of the same age?
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Correlation does not necessarily mean that there is causation. The relationship might be entirely coincidental/dependent on various other factors which is not incorporated in the analysis. It is also possible that higher income is the variable that “causes” marriage.
The theory of pricing for particular goods explained in Adam Smith’s Wealth of Nations is most consistent along with: (1) mercantilist doctrine. (2) Richard Cantillon’s distinction between “value in
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