A Female Nobel Prize Winner! (Economics)

[alienkishorekumar]

It's a complex topic I'd not want to talk about without having studied equivalent of at least a bachelor in economics to start reading her papers. I cannot make good judgements based on my own personal opinions which are based on my emotions, and my politicial affiliations.

I personally think it's wonderful that these studies are being done and looked at quantitatively.

[-astrangerontheinternet]

There are riches far greater than wages.

[bigol]

Obviously! Given that the infamous 'gender paygap' is really a maternity paygap, of course the jobs that don't allow for years of maternity leave are more demanding and higher paying

[annebritraaen]

She didn't really win a Nobel-prize. She won the Sveriges Riksbank Prize in Economic Sciences - they stole the Nobel valor.

[kikiTHEalien]

The comment section does not pass the vibe check

[pauls]

Who cares about a Nobel Prize, a small comitee in Sweden is not science.

[halhal-mypt]

When it comes to economics and Peace prize, I don't take them seriously. Especially Peace prize which has been given to folks like Obama as in making the prize diverse and not racist.

[vlad_ussr]

Very interesting, just read a bit about her research and it's quite interesting.

[trinketmage]

I think men are harder workers that are paid more when they provide more value to their companies. I also think this effect is much more pronounced when looking at older workers that legacy male advantage due to historic discrimination than looking younger ones, where parity in opportunity was achieved decades ago.
Source: I made it up.

[medea]

While flexibility is often dependent on the role itself (some jobs require set hours or can't be performed from home), workplaces that can (and do) offer flexibility are demonstrating that they value the individual performing the job over just having "a bum in a seat", so equal pay is going to be a natural extension of that mindset.

Without knowing the roles & industries being sampled it's a bit difficult to talk to instances _with_ a gender pay gap, because it could be reflecting a job ceiling or socioeconomic bias rather than less pay for the same job. I'll have to give the paper a read. 👍

[ThomasMeeson]

I hate that this comment section has flooded with these people

[jefft]

During snowstorms it is almost 100% MEN who come out to fix things when the electricity goes out. When Whamen start doing male jobs like that EQUALLY, then the pay gap will go away.

[rc]

Hey Pete, you clearly have to work harder to get your viewers to be self-aware about their own confirmation bias. Good luck.

[rosomak]

Who cares? The Nobel price wen the same way as the Eurovision song contest anyway.

[l.d.m.]

Compare with economists, Thomas Sowell, and political scientist and feminist Warren Farell.

[LordBlk]

Well that makes sense. Because of the nature of work demands and the female.
When the demands are higher the pay is higher....some don't wish to meet high demands therefore....

[ultrshot]

So basically... she got a Nobel Prize for discovering that when women can get a job where they can still have children and continue working, the pay gap is lessened... but the job where you have to choose a child over the job, there is a bigger pay gap...

I feel like that's common knowledge. I mean, if you are gonna hire someone or give out promotions/raises, you'll give it to someone who works the best, is always available to work, or/and loves their work more than something like a social life... not a person who's gonna need to get a long break once they give birth, work fewer hours while they raise the child, oh and they're more prone to workplace discourse leading up to the pregnancy (hormones), and they are gonna be available 24/7... for their children, not their job.

Yeah... obviously. Get a job that only needs you for half days, so you can raise the children the other half of the day after they get back from school. Working from home accomplishes the same thing. And maybe don't expect (or protest about sexism) to become a CEO if you ignore the company over your children. I mean, I don't care how much of a boss B!@#% you think you are, nobody can handle the level of stress of running a huge company as a CEO, while needing to breast feed in your office. Humans have limitations. (Sure, it can totally be done if you hire a babysitter and ignore your child during working hours, and you give the company your all, but that still leaves the company with one issue... you still need maternity leave. And the company can't chill until you get back. Unless you do surrogacy. So use surrogacy and then immediately put the child into daycare or hire a babysitter and you can be a reliable worker for any company and then there would absolutely be no difference between a woman and a man, and that woman would definitely deserve equal pay [I would hire that if a woman is willing to do that, she would deserve more]. Otherwise, I think it makes sense that a man earns just a little more or gets just a little more ahead in his career, just because they have more time to put into a company).

I mean, I see this in the legal field. 20 to 30, women lawyers are generally (like 80% of the time) a better investment for any law firm. They work smarter, faster, understand the law better, and have SUCH a drive for the industry (especially when they are feminist. They kinda have a built-in "I will fight you no matter what" mindset that give them an edge. Basically, their version of toxic masculinity).

But after 30... you gamble with that hire. Law firms don't hire women of that age easily because they fall off in their quality and quantity of work. However, the outliers are still insane and they give any man a run for their money. But they do become outliers the closer they get to 40.

If you find a woman lawyer over the age of 5 still doesn't have a child, you can hire her immediately. There is no difference in work between a man and a woman at that point. It's interesting. I have actually seen a few (over 40) woman lawyers just absolutely kick-a$$ at their law firms. Super high performers, and they actually start to consistently outperform any man. But they don't complain about the gender pay gap at all😂 they have MORE than enough money and only care about reputation (in the law field, this happens a lot. People don't care about the money because money just becomes a bragging right. The more you make, the better your reputation, the better your clients become.) And the guys generally become more relaxed as they get closer to 50 (there are outliers, obviously). Super interesting.

To be fair, most of this I saw because of a faculty of law dean. They captured quite a bit of data in their research and it was accidentally. They actually wanted to track how far a degree from certain universities, as well as degrees, can help you climb the corporate ladder.

Edit: to be fair, South African here. The US might be a bit different, but we are lretty liberal over here and we have a great history of feminist activists who helped paved the way.

To give you guys an idea, our gay clubs we litterally illegal during apartheid. Our gay guys would beat up anyone who messed with them. We had multiple cases where straight guys would go an harass gay clubs, break everything they could, then call the police on them. So gay guys just started waiting in bushes for then and starting beating the living hell out of them once they showed up😂 they even fought the police when they would arrive. We are built different. And that was during apartheid... so I think we might be pretty close to the American political mindset.

[PavelDatsyuk-uiqv]

Lmao cant make this stuff up . Its like the onion now

[TheThreatenedSwan]

Completely useless work. This was and affirmative action win. You will never see an academic celebrated for showing how for the same qualifications there is an 8x, up to more than 100x, preference for women and how that might have negative effects or how affirmative action for women in lowering the bar and their increasing social dominance of higher education and key fields like medicine and law might have some negative trade offs. You will never see research showing the sex differences in intelligence including that men make up a disproportionate amount of those with elite intelligence due to greater male variability celebrated.

[Mamtakumari-qnoh]

I haven’t read her piece of Nobel papers but I firmly believe that a bank like system where finances of women get invested by banks in multiple ways with clear instructions to make them realise about importance of finances since their considerable age …
Banks already do this, & women deposits their finances too but I’m talking about investments, risks of investments, ( least risks ), infrastructureal developments where risks are least, in government infrastructure ms like railways, roads, industries etc…
Why to made them believe that someone is showering kindness to u …
Why to give them lakh …
It seems that women are born to have kind gestures …
All game is not mere about finances rarer confidence to excel …
They are born with protective people all around since eternity…
I believe so …
Having a feeling that they have earned it ..
That would made them fearless and bit dominant in their own lives…