THE ECONOMICS OF ENGAGEMENT
SEARCHING for engagement rings should not be a stressful ordeal for women, right? However, for some it is--begging the question, “Why should only women be expected to wear an engagement ring?”
It has been built into our culture that only women need to be proposed to with a ring of some sort. Historically, a common law called the Breach of Promise to Marry gave women a certain level of social security because once a proposal was made, the groom-to-be would be open to legal action from the bride-to-be if he cancelled the engagement. However, the law became outdated and women needed to find an alternative means of security. Historically, the ring offered a form of collateral and insurance. But, what about now?
Writer GRACE CARTER discusses the history of the engagement ring and the emerging trend of “man-gagement” rings in The Economics of Engagement.
Photography via TheGenteel.com.













