Knowledge@ASB - Reviewing Equal Pay for Women: Because They're Worth It

[dmitriy40]

So employers who today would only hire women, and have companies made up entirely of women, and no men, would get a huge competitive advantage, having to pay lower salaries, right? Is that hypothetical argument part of your logic? Are employers stupid? Why are men being hired, if women can be had for less, and perform the same?

[sunwisetoclockwise]

@dmitriy40 This is the primary issue I had with this video as well. Alan Greenspan, for example, mentioned in his memoir that he hired a disproportionate amount of women when starting up his consulting company and consequently enjoyed a competitive advantage, however an *all* female company would have a lack of diversity, which is a drawback. Furthermore, the issue of *why* income inequality is bad is never discussed -- I would imagine it to be the one of the primary forces driving productivity.