The speaker discusses the development of software that allows companies to analyze bias in hiring practices and offers tailored solutions. They emphasize the importance of diagnosing the type of bias and applying relevant solutions, rather than implementing blanket measures. Practical examples and potential solutions for addressing disparities and bias in workplaces are explored.
Can economics and better measurement help us understand racial disparities and suggest how to reduce or eliminate them? Economist Roland Fryer of Harvard University believes deeply in the power of data to help us understand how the world works and how we might change it. Listen as he tells EconTalk's Russ Roberts of his devotion to this mission, what he learned from his grandmother, and what colleges can do if they really want to increase minority enrollment.