This is the first of two posts on the topic of the market for second trimester abortions. Later on in the week we will talk about the impact of government policies on the supply side of that market. Before we do that, I want to start with a discussion of the economic factors that are contributing to the demand for late abortions in the United States.
Over the past couple of weeks practically every media site has run a piece on a new “economic theory” that argues that gender equality is driving down the price of sex. Valid critiques have been made but analysts are missing one very important point: This is not an economic model and if it was it wouldn’t be a very good one.*