Egypt's economic struggles and the impact of the Gaza war. The role of Egypt in diplomacy and humanitarian aid. Claudia Goldin's Nobel Prize-winning work on the gender pay gap. Factors contributing to the pay gap. Discussion on Russian propaganda and NATO expansion.
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Quick takeaways
Egypt is facing economic struggles exacerbated by the war in neighboring Gaza.
Claudia Golden's work highlights the link between education, fertility control, and improved labor market outcomes for women.
Deep dives
Golden's work focuses on gender pay gap
Claudia Golden's research primarily centers around the gender pay gap and the factors that contribute to it. She provides a systematic analysis of the emergence and persistence of unequal pay between men and women. Key elements she examines include wage discrimination, educational choices, and the impact of fertility control.
The role of education and fertility control
Golden's work emphasizes the link between education, fertility control, and labor market outcomes for women. She argues that access to contraception, particularly with the advent of the pill, has given women greater control over their fertility, leading to increased educational investments and opportunities. This shift has resulted in women outperforming men across various educational levels.
The slow correction of injustices
Golden's analysis suggests that changes in economic policies and market-oriented solutions alone may take time to correct entrenched gender inequalities. She identifies the sociological cohort level factors that shape women's choices in different historical contexts. While policy interventions can help address barriers like workplace inflexibility for mothers, gradual shifts in societal norms and expectations are necessary for broader change.
Golden's conventional yet empowering approach
Golden's work combines conventional economic analysis with a focus on women's agency and rational decision-making. While some may view her approach as conservative, it highlights the significance of technological advancements, education, and women's choices within the labor market. Her research is seen as a pioneering contribution to the economics of gender and the study of the gender pay gap.
Egypt is struggling economically. Now it’s also facing pressure from the war between Israel and Hamas in the neighboring Gaza Strip. Adam and Cameron dig in.
Also: Harvard University professor and economic historian Claudia Goldin won the Nobel Prize in economics this year for her work studying the gender pay gap. What does that work tell us about today’s labor force?