Posted tagged ‘Gender Pay Gap’

Is There A Wage Gap Between Men And Women?

April 4, 2017

The ‘gender pay gap’ is a myth which has been spread for years. I have been reading about this ‘fake cause’ since I can remember. In 1984 Thomas Sowell covered this topic in chapter 5 of his book “Civil Rights: Rhetoric or Reality”.

Here is a Prager University video by Christina Hoff Sommers explaining the statistical fudging that takes place when the gender pay cause becomes bigger than the truth.

THOMAS SOWELL  addresses this topic in my article: “The ‘Equal Pay Day’ Canard” .

In this article titled: Equal Pay Day Is An Annual Event That Spreads Statistical Misinformation About The Gender Pay Gap, by Mark J. Perry, at carpediemblog, Mark J. Perry says choices made about hours worked, type of work, and marriage and motherhood are three of the deciding factors on how much a person is paid. Women and men make different choices in these three areas. When you compare men and women who make the same decisions the wage gap is negligible.

Mark J. Perry’s article titled: “Equal Pay Day’ This Year Is April 4th – The Next ‘Equal Occupational Fatality Day’ Will Be On January 21st 2029, shows how men work in riskier jobs than women. Thirteen men die while working on the job for every one women who dies on the job. Riskier jobs pay more. Choices have consequences.

Ignorance Perpetuates This Myth.

Supposedly smart people are ignorant when it comes to the gender pay gap. Here are two articles showing this ignorance.

The Chief Operating Officer Of Facebook Appears Clueless When It Comes To The Wage Gap, at economicjournal.com.

Ivanka Wage Gap Ignorance, at economicpolicyjournal.com.

We don’t have to be ignorant about issues like this. All we have to do is look beyond the rhetoric of the people pushing the cause.

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Must Reads For The Week 10/22/16

October 21, 2016

A NATIONALIZED SINGLE PAYER HEALTH CARE SYSTEM IS THE GOAL

Obama On Skyrocketing Obamacare Premiums, “I Had Nothing To Do With It” at tammybruce.com. Obamacare created the incentives that produced the “skyrocketing insurance premiums”. I would say Obama is a moron, but he is just a typical politician.

Obamacare Premiums Are Going Up, Up, Up. This is a great explanation of why the costs are going up. It is by design.

Obama’s Plan Was Always To Cook The Frog Slowly And Turn Obamacare Into Hillarycare Nationalized HealthCare, at economicpolicyjournal.com. We have been saying this from the start. Obamacare was the next step toward a government-run single payer healthcare system. No one wants to believe that it was designed to fail. But is was.

Hillary Email Confirms She Wants Obamacare To Collapse, at economicpolicyjournal,com. Hillary has been working for nationalized healthcare for years.

ELECTION STUFF

Why Did Vote-Rigging Robert Creamer Visit The White House Over 200 Times During Obama Administration, at zerohedge.com. Trump talking about a rigged election takes away from the fact that there has been voter fraud  going on for years. And the Democrats are the perps.

Fact Check: Hillary Lied Said 90% Of Clinton Foundations Go To Charity. Actual Number? 5.7%, at informationliberation.com. The Clinton Foundation is nothing more than a money laundering scheme for the Clintons and their cronies. Where does 94.3% of the money go?

“The Sons Of Alinsky” Getting Paid $3:00 An Hour To Protest Low Pay, at economicpolicyjournal.com. The fact that they are paying for a rent a mob for political dirty tricks is one thing. Paying them $3 an hour while trying to mandate a $15  minimum wage on the rest of us is something else. Do as I say not as I do.

Clinton’s False Assurances About Her Respect For The Second Amendment, by Jacob Sullum, at reason.com. Do you believe Hillary Clinton when she says this? I don’t believe a word she says.  “I did not send any classified Emails on my email server”.

Leaked Audio: Clinton Says Supreme Court Is ‘Wrong’ On Second Amendment, at freebeacon.com. Some of my Democrat friends tell me that they don’t want to take guns away. I tell them that’s great, but you are not the leaders of your party. I believe them. But Hillary? That’s a different story. If she gets elected, the left will be ready to act when she appoints a Supreme Court Justice. They will bring a gun rights case to a friendly district court which will eventually make its way to the Supreme Court. The court will overturn the Heller case in a 5-4 decision, and the second amendment will be meaningless words on paper. Mark my words.

Political Cartoons by Henry Payne

ECONOMIC STUFF

Why The Hell Is Socialism Gaining So Much Popularity? at economicpolicyjournal.com. Many people think socialism is the government helping people in need (aka a safety net). This is not socialism. Socialism is government ownership of the means of production. There is a difference between a free market economy hampered by government, and the government owning the means of production. Look at Venezuela if you want to see the results of Socialism.

Harassing Uber, at economicpolicyjournal.com. The status quo taxi cartel is trying to get the government to use its monopoly power to protect the cartel’s monopoly position that was originally created by government.

How Regulation Protects Established Firms, by Peter G. Klein, at mises.org. Goldman Sachs CEO Lloyd Blankfein admits that, “…burdensome regulation acts as a moat around our business.” Government props up the status quo making it tougher for new competitors to enter the market.

Is Your Personal Trade Surplus With The Rest Of The World A Problem?, at fee.org. Trump and Hillary are ignorant when it comes to trade. A trade deficit or a trade surplus is meaningless economically, but politically they are of great benefit for the politician.

We Can Build Our Way Out Of The Housing Crisis, by Steven Greenhut, at reason.com. The reason prices for homes in California are so high is because Government restrictions and regulations constrain the supply of housing. Low supply and high demand means higher prices. The high prices ration the short supply.

Highest-Paying College Majors, Gender Composition Of Students Earning Degrees In Those Fields, And The Gender Pay Gap, by Mark Perry, at carpediemblog. There is a gender pay gap because of the decisions made by men and women. Here are the top seven degrees by percentage of men and women who earn them, and the average salaries of the jobs people get when they graduate with these degrees. The subjective value of men and women is obviously different.

MEN

Computer Science                    82%    $70,000

Information Technology        82%    $64,008

Management Info. Systems   82%    $58,000

Electrical Engineering             80%    $68,438

Mechanical Engineering         80%   $68,000

Chemical Engineering             80%   $65,000

Industrial Engineering            80%   $64,381

WOMEN

Nursing                   84%   $58,928

Social Work             82%   $41,656

Education                80%   $43,000

Psychology             77%   $42,000

English                     69%   $45,000

Spanish                    69%   $44,256

Journalism              65%   $45,000

Communications    65%   $44,190

 

From Laissez Faire Capitalism.

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The “Equal Pay Day” Canard

April 9, 2014

Thomas Sowell

I have read Thomas Sowell’s analysis concerning this topic since I stumbled upon his writings in 1995. I thought he had driven as stake through the heart of  “the gender pay gap” myth. I wasn’t going to post anything about this topic, but reading and listening to the news this week has changed my mind. Since I couldn’t possibly cover this topic as authoritatively or as eloquently as Thomas Sowell, I’m not even going to try. I’m going to let him do it in his own words.

QUOTE FROM THOMAS SOWELL’S ‘KNOWLEDGE AND DECISIONS’

Here is an excerpt from my favorite book, Knowledge and Decision, which Dr. Sowell wrote in 1980:

“With women the key variable is marriage. Even before “affirmative action” quotas, women in their thirties who worked continuously since high school earned slightly more than men in their thirties who worked continuously since high school. In the academic world, where many discrimination charges have been filed under affirmative action, female academics earned slightly more than male academics when neither were married  – again even before “affirmative action” – and unmarried female Ph.D.’s who received their degrees in the 1930’s and 1940’s became full professors in the 1950’s to a slightly greater extent than did unmarried male Ph.D’s of the same vintage. In short, the male-female differences in incomes and occupations are largely differences between married women and all other persons….the clear-cut income parity (or better) among women who never married suggests once again that systemic variables have more to do with the statistics than the intentional decisions at the work place at which the statistics were collected.”

He wrote this in 1980 so it’s safe to say that the gender pay gap canard was used as a political bludgeon for many years prior to 1980.

THOMAS SOWELL ON FIRING LINE

Dr Sowell is discussing the gender pay gap issue in this video from 1981.

Click, Firing Line – Thomas Sowell  w/ William Buckley Jr. 1981, to watch the whole show.

 THOMAS SOWELL ARTICLE “THE REAL WAR ON WOMEN”

Here is an article by Thomas Sowell titled, The Real ‘War On Women’. It was written in 2012, and covers the same gender pay gap fallacy. Here are some excerpts form the article.

“The old — and repeatedly discredited — game of citing women’s incomes as some percentage of men’s incomes is being played once again, as part of the “war on women” theme.”

“When you compare women and men in the same occupations with the same skills, education, hours of work, and many other factors that go into determining pay, the differences in incomes shrink to the vanishing point — and, in some cases, the women earn more than comparable men.”

“But why let mere facts spoil the emotional rhetoric or the political ploys to drum up hysteria and collect votes?”

THOMAS SOWELL ON ‘UNCOMMON KNOWLEDGE

Here is a video of Thomas Sowell in 2008 on,Uncommon Knowledge, with Peter Robinson, talking about Gender Bias and Income Equality.

QUOTE FROM THOMAS SOWELL’S ‘ECONOMIC FACTS AND FALLACIES’

In Economic Facts And Fallacies, Chapter 3 titled, Male-Female Facts And Fallacies, covers gender pay gap and much more. Here is an excerpt form the chapter.

“Even when women and men earn the same incomes in the same occupations, differences in the distribution of the sexes among different occupations lead to differences in their average incomes.

“In principle it does not matter whether the attorney is male or female but, in practice, with women more often than men carrying the burden of domestic responsibilities for children and the care of the home, careers that involve much unpredictable night and weekend work are less attractive to women. Having it all – a career and a family and an upscale lifestyle- is fine but doing it all is often harder for a woman, given the usual division of domestic responsibilities between the sexes and the inevitable differences in childbearing.”

“Moreover since men are never pregnant, women are disadvantaged in such work by the physical limitations of pregnancy, which can be work limitations as well in obs that require long, irregular and unpredictable hours,….”

Related ArticleThe New, Old, Buzz Words, “Income Inequality”, at austrianaddict.com.

Related ArticleIncome Inequality II: Increase The Minimum Wage, at austrianaddict.com.