Think Like An Economist

S E43: Why wages vary - Why some of us get paid more than others

Aug 17, 2021

22:33

Highlights

AI Chapters

Episode notes

What Is an Occupation License?

02:37

Economists Are Just Starting to Make Sense of It

01:43

Building Human Capital Through Education

03:03

Introduction

2min

Doing the Make Up of Dead People

2min

Compensating Differentials Lead to Lower Wages

3min

How Many Golf Ball Divers Do the World Need?

2min

Building Human Capital Through Education

3min

What Is an Occupation License?

3min

The Impact of a Minimum Wage

2min

Is There Discrimination in the Workplace?

2min

The Third Type of Discrimination

2min

10.

Economists Are Just Starting to Make Sense of It

2min

11.

What Are Some Things We Can Think About?

2min

Why do some people earn so much more than others? How does society value certain jobs over other jobs - and how can we make sure we get a higher wage? Betsey Stevenson and Justin Wolfers help navigate the vagaries of the job market, and have some advice how to get the best wage deal.

Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.

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