Principles of Economics- Mankiw (5th) 421

Principles of Economics- Mankiw (5th) 421 - CHAPTER 19 E A...

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CHAPTER 19 EARNINGS AND DISCRIMINATION 433 The theory of the labor market we have developed in the last two chapters ex- plains why some workers earn higher wages than other workers. The theory does not say that the resulting distribution of income is equal, fair, or desirable in any way. That is the topic we take up in Chapter 20. O VER THE PAST SEVERAL YEARS , THE IDEA OF comparable worth—sometimes called pay equity—has made a comeback among some political leaders. Labor and Women Push for Equal Pay for Equivalent Work B Y M ARY L EONARD W ASHINGTON —Nobody says men and women shouldn’t get equal pay for doing the same job. But what’s brewing now is a big push nationally by the president, organized labor, and women’s rights groups to level the gender playing field on wages for different but equivalent work. In a strategy session today, Senator Tom Harkin, an Iowa Democrat who has been the lonely champion for pay-equity legislation since 1996, will meet with John
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This note was uploaded on 07/30/2010 for the course ECON 120 taught by Professor Abijian during the Spring '10 term at Mesa CC.

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