For Richer Or Poorer

Stephanie Coontz insists that marriage isn’t a solution to poverty:

In an era when two incomes are increasingly necessary to raise a family, getting married makes excellent economic sense for a woman who wants to have a child. But first she needs to find a man who can actually make a financial contribution to the marriage — an increasingly difficult task, especially for working-class African-American women. University of Maryland sociologist Philip Cohen reports in his forthcoming book, “The Family: Diversity, Inequality and Social Change,” that in big cities, there are often fewer than 50 single, employed black men for every 100 unmarried black women in the same age range, because of poor employment opportunities, high incarceration rates and disproportionate mortality rates. White working-class women, with or without high school degrees, also increasingly face a shortage of marriageable men. And they have good reason to approach marriage cautiously, even if they get pregnant, because economic insecurity is strongly associated with marital distress. This is one reason that high school graduates are twice as likely to divorce as more economically secure college graduates. Getting married and then divorcing often leaves a woman worse off than if she had remained single, with or without children, and had focused on improving her own earning power.

Yglesias compares marriage to having housemates:

Having roommates really did greatly improve my personal finances when I was in my early 20’s. And the same thing happened when my wife and I moved in together. We split the Internet bill, shared one Netflix account, etc. But the greater efficiency of shared expenses isn’t really what’s magical about marriage, and what’s magical about marriage isn’t really what leads to the poverty reduction.

McArdle takes the debate in a different direction, noting that marriage allows for specialization:

[M]y husband, who is much tidier than I am, took over organizing the house. Now, unless it’s a piece of my clothing or kitchen equipment, I have no idea where we keep anything. And while I’m pretty sure I used to be able to put up shelves, now all I know how to do is ask my husband to do it.

On the other hand, he has no idea how much money we have, or in what accounts. And he can’t do the grocery shopping, because he doesn’t know what we consume. Individually, we are less competent to survive on our own. But collectively, we eat better, and we have a tidier house and better-managed finances. And our shelves don’t fall down so often. …

Specialization also allows for external income gains — perhaps one reason that married men make a lot more than single ones do and married households are richer than single ones. Some of that is selection effect, of course — stable, responsible men are probably more likely to get married, especially in this day and age.