The troubled internet company AOL Inc. plans to sell or close social network Bebo, almost two years after acquiring it in $ 850 million, which sought to expand into this area of communities in the network.In an email sent on Tuesday to employees, Jon Brod, the unit responsible for investment and acquisitions of new companies, AOL Ventures, said that Bebo would need a “significant investment” to continue competing.
Societies socialize children about many things, including sex. Socialization is costly. It uses scarce resources, such as time and effort. Parents weigh the marginal gains from socialization against its costs. Those at the lower end of the socioeconomic scale indoctrinate their daughters less than others about the perils of premarital sex, because the latter will lose less from an out-of-wedlock birth. Modern contraceptives have profoundly affected the calculus for instilling sexual mores, leading to a de-stigmatization of sex. As contraception has become more effective there is less need for parents, churches and states to inculcate sexual mores. Technology affects culture. What Can Economists Tell Us About Teenage Sexual Mores? - Freakonomics Blog - NYTimes.com
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