Polygamy’s many wives don’t capture ‘market value’

Economist Shoshana Grossbard admits she was naive when she did her doctoral thesis on polygamy more than 30 years ago at the University of Chicago; then, she believed that a simple supply-and-demand analysis would explain the economics of polygamous societies; but over her years of study, Grossbard has found that far from women having increased value, invariably the male leaders in polygamous societies have institutionalized women into subservience.