It looks like Iceland doesn’t have any conservative or libertarian economists in the country.
As part of the country’s initiative to eliminate the gender pay gap by 2022, Iceland has introduced a new law that makes it illegal to pay men more than women.
Beginning January 1, private businesses and government offices that have at least 25 employees will be required to obtain a special government certification on equal pay policies.
“It’s a mechanism to ensure women and men are being paid equally,” Dagny Osk Aradottir Pind, a board member of the Icelandic Women’s Rights Association, told Al Jazeera. “We have had legislation saying that pay should be equal for men and women for decades now but we still have a pay gap.”
The bigger the lie the more people will believe it…
Despite the myth being debunked time and time again (here, here, here, and here), policymakers and feminists still believe it.
Can better workers and better performers be paid more or is it de facto civil service?
Employers will love it. Now they can just lower the pay for the males to equal what they are paying the females. No recourse for the males, it’s the law after all.