When I studied Austrian Economics during the 2008 presidential campaign, I came across this topic all the time: gender equality in the workforce. A lot of liberals tend to say that women earn less than men in the workforce because of discrimination. Is this true?
The greatest of minds, like Thomas Sowell, Milton Friedman and William F. Buckley, have concurred with this statement, but there are factors other than misogyny. Some aspects include the type of work they choose, experience, married or unmarried and the amount of hours they put in.
Indeed, if you calculate all of the women in the U.S. and add up their pay and then compare that figure with their male counterparts it is lower than men. But the aforementioned reasons are the culprit not because of some mythical idea that the market hates women or some the Democratic or Republican faithful talking points. Please, no legislation to tackle this non-issue!
Here is a video that goes into quite a bit of detail. As always, please provide your thoughts in the comments section below. You can always check out other videos from LearnLiberty.org here.