Conversations with Tyler Re-release: Claudia Goldin on the Economics of Inequality
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Oct 9, 2023 Claudia Goldin, a Harvard professor and Nobel laureate, dives into the complex economics of inequality. She addresses the rise of female billionaires in China while unpacking the persistent U.S. gender earnings gap. Goldin explores falling marriage rates among those without college degrees and the unique wage gap dynamics for Black women. Skeptical of happiness research, she offers insights on the impact of motherhood on well-being and critiques for-profit education's role in perpetuating gender disparities. A wealth of historical context reveals how educational access shapes economic outcomes.
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China's Female Billionaires
- China's female billionaire surge is linked to increased liberation during the communist revolution.
- However, equality has diminished, with fewer women in top CCP positions today.
US Gender Earnings Gap
- The US gender earnings gap expanded between 1995 and 2008, particularly for higher-educated women.
- This is partly due to increasing inequality at the top, where men disproportionately occupy high-paying positions.
Flexibility and the Gender Pay Gap
- Workplace flexibility is key to closing the gender pay gap.
- Even firms with high fixed costs can create redundancy to enable flexible work arrangements.
