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Freakonomics Radio
584. How to Pave the Road to Hell
Apr 18, 2024
In this discussion, Joshua Angrist, a Nobel laureate from MIT, Zoe Cullen from Harvard focusing on labor economics, and Marina Gertsberg of the University of Melbourne explore the often overlooked consequences of well-meaning policies. They delve into how good intentions can inadvertently harm those they aim to help, examining pay transparency laws and their paradoxical effects on wages. The impact of the #MeToo movement on academic collaborations is also highlighted, showcasing how it has inadvertently affected women's professional relationships and research opportunities.
43:42
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Quick takeaways
- The #MeToo movement caused a decline in collaborations and productivity among junior female academics due to concerns over sexual harassment accusations, highlighting unintended consequences impacting career outcomes.
- Pay transparency laws unintentionally linked bargaining practices across workers, resulting in compressed pay and overall decline in wages, showcasing the unintended consequences of such regulations.
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Unintended Consequences of the Me Too Movement
Junior female academics started fewer new projects with male co-authors after the Me Too movement, leading to a decline in collaborations and productivity. This drop in collaborations due to concerns over sexual harassment accusations, showcasing how good intentions of the movement resulted in unintended consequences impacting career outcomes.
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