Maggie C. writes that:>>I'm not sure about what technology shock 
is, but I do think the increase in teen pregnancy is over stated. 
I believe I've said this before, the method of reporting the 
statistics has more to do with the increase than actually
increasing teen births.<<

this point seemed to me to be part of the Akerlof/Yellen theory. 
They point to the decline in "shot-gun marriages" which had 
hidden the out-of-wedlock preganancies and births in the past. 

"Technology shock" to A & Y simply refers to the sudden rise of 
the availability of contraception and abortion (which, as I said, 
seems more than technological in nature, more sociological) and 
how social mores did not adapt well to the change.

Arvind Jaggi wrote: >>Maybe Akerlof and Yellen should get 
together with Gary Becker and go bowling.<<

that's not helpful. Are you saying that relations between the 
sexes and issues of pregnancy are not subject to 
political-economic analysis given the absurdity of Gary Becker's 
theories? 

BTW, I am not advocating the Akerlof/Yellen theory. I want to 
know what people think.

in pen-l solidarity,

Jim Devine   [EMAIL PROTECTED]
<[EMAIL PROTECTED]>
Econ. Dept., Loyola Marymount Univ.
7900 Loyola Blvd., Los Angeles, CA 90045-8410 USA
310/338-2948 (daytime, during workweek); FAX: 310/338-1950
"Segui il tuo corso, e lascia dir le genti." (Go your own way
and let people talk.) -- K. Marx, paraphrasing Dante A.



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