Tuesday, July 17, 2012
Teaser Tuesday - Economics Without Illusions by Joseph Heath
So, Teaser Tuesdays are hosted by MizB of Should Be Reading and are really fun to do(:
Right now, I'm reading Economics Without Illusions by Joseph Heath, a book that promises to be very interesting. So, today's teaser is:
"Part of the 'pink ghetto' problem usually comes from the fact that too many women are seeking the same type of work (it's called a "ghetto" because it's overcrowded), which has the same effect of bidding down wages. As Rhona Mahony obseved, if the entire graduating class from university one year decided to go into the ice-cream business, then the wages of workers in that sector would plummet" (page 248)
Hmm... I wonder what happens when we factor in university majors into consideration. For some courses (like nursing), all graduates would end up in the same industry. So if we factor in the gender ratio to that.....
What is your Teaser Tuesday like?