The Indicator from Planet Money

How American heiresses became Dollar Princesses


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In the late 19th century, British aristocrats had a big problem. They were short on cash to fund their lifestyles and maintain their vast country estates. In our third installment of Love Week, we look at the economic forces that drove some British men of the time to marry American heiresses, dubbed "Dollar Princesses," forming a union of money, status and, sometimes, love.

For more on Dollar Princesses, Mark Taylor's research paper is published here. Kristen Richardson's book is called The Season: A Social History of the Debutante.

Related episodes:
Why the publishing industry is hot (and bothered) for romance (Apple / Spotify)
It's Love Week! How the TV holiday rom-com got so successful (Apple / Spotify)

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