Tuesday, March 11, 2008

A Wasting Asset

Why do some "ladies" get paid thousands an hour for sex services? Supply and demand.

It is not just about sex. It is also a social occasion. You might actually want to have a conversation with the lady between "jumps".

Now how many upper middle class well educated good looking ladies do you find who are willing to have sex for money? Well, you find more of them if you are willing to pay more money.

Some one who can do a discounted cash flow on a wasting asset is going to be a rarer find than a lady who can barely balance her checkbook.

Prompted by a discussion of the Spitzer case at The Volokh Conspiracy

Cross Posted at Classical Values

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