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Listen to the podcast from Freaknomics Radio on the gender pay gap The True Stor
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Listen to the podcast from Freaknomics Radio on the gender pay gap
The True Story of the Gender Pay Gap – Freakonomics
Summarize how the gender pay gap that is often reported in the popular media is currently calculated. What issues exist when the gap is calculated in such a way? Do you believe the US government should intervene to prevent discrimination in the marketplace?
In drafting your arguments, keep in mind that under the “taste for discrimination” framework and absent any legislation to the contrary, discrimination becomes simply another “good” for which firms or individuals can pay. Also, please note there is no right or wrong answer, provided that any answer you provide is well-argued. Credible economists have, in fact, supported both sides of this issue.