Lately, I have seen again many news media reports and also elite university newsletters talking about the still existing gender pay gap!
As far as Western countries are concerned, the gender pay gap is mostly primitive demagoguery and ideology! A red herring! At best a mirage!
Then there are lies, damned lies, and statistics! How do you measure the gender pay gap? As a snapshot or cross section in time or across the lifetime of employees? There are other questions about the measurement!
Fact is that women and men choose different jobs, work at different times in their lives, have different educational backgrounds, make different career decisions or personal choices and much more that influence the amount of remuneration for labor. This is the supply side of a free market economy.
Then there is the demand side in a free market economy. Consumer and buyers also have a very significant influence on wages and salaries, which may also impact gender pay differences.
As proponents of classical liberalism like Friedrich Hayek have argued eloquently and convincingly (gender) equality of rights and freedoms, but not of economic outcomes! Equality of outcomes is one of those terrible socialist deceits (see e.g. !
This is part of the battle of the sexes. Supporters of a matriarchy want to reverse the gender pay gap not closing it! Men watch out!
For a free society it is impossible to have or realize gender pay equality! How will gender pay equality even be defined? Only an authoritarian dictatorship can make this happen! That is what socialists of the world want anyway!
This famous book by Hayek was first published in 1988
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