Government economics « Bookworm Room

re: "I spent some time in my car yesterday listening to Michael Medved’s segment about the equal pay initiative Hillary, Obama, and other Dems are pushing. Their theory is that women get ghettoized in certain professions that have lower pay than comparable professions that attract men. (Think secretaries versus garbage men.) Medved’s guest was Warren Farrell, author of Why Men Earn More : The Startling Truth Behind the Pay Gap — And What Women Can Do About It. Farrell pointed out the rather obvious main reason behind these career clusters: men go for the money, women go for the lifestyle, with the marketplace determining the value of each job. It’s actually not such a difficult concept..."...