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2023 Nobel Prize in economics awarded to Claudia Goldin

nobelprize.org

131–135 of 135 posts

Re: 2023 Nobel Prize in economics awarded to Claudia Goldin

#131
post #15

> During the twentieth century, women’s education levels continuously increased, and in most high-income countries they are now substantially higher than for men. > However, Goldin has shown that the bulk of this earnings difference is now between [sic] and women in the same occupation, and that it largely arises with the birth of the first child. Interesting situation developing if the main effort is in educating wo…

A more egalitarian solution would be longer paid parental leave and earlier free childcare. Are women leaving jobs due to a genuine desire to be a full-time parent, or are women leaving jobs because the alternative is putting a three-month-old in prohibitively expensive daycare?

Anecdata, but most women I've spoken to prefer to delay childcare until the kid is around a year old.

There seems to be good reasons for not separating an extremely young child from their mother.

Re: 2023 Nobel Prize in economics awarded to Claudia Goldin

#132
post #130

Mandatory "not a real Nobel Prize" https://en.m.wikipedia.org/wiki/Nobel_Memorial_Prize_in_Econ...

> He explained that "Nobel despised people who cared more about profits than society's well-being", saying that "There is nothing to indicate that he would have wanted such a prize", and that the association with the Nobel prizes is "a PR coup by economists to improve their reputation".

To be fair I would definitely consider Goldin’s work the kind of work that improves society and hence that Nobel would want awarded.

Re: 2023 Nobel Prize in economics awarded to Claudia Goldin

#134
post #83
post #3

[flagged]

I now regret making this remark. My purpose was not to be dismissive of economics as a proper science. It was just a clarification the this prize is not part of the Alfred Nobel's will, it was instituted in 1968 by Sweden's central bank (in a way that you might call a bit shady). Nowadays, Swedish media is quite good at making this distinction, but international media is still rather confused about this.

I didn't see your initial remark, but I wanted to commend you for saying this; it's so rare to see any kind of regret or change in opinion in an online discourse. Thank you for following up.

Re: 2023 Nobel Prize in economics awarded to Claudia Goldin

#135
post #15

> During the twentieth century, women’s education levels continuously increased, and in most high-income countries they are now substantially higher than for men. > However, Goldin has shown that the bulk of this earnings difference is now between [sic] and women in the same occupation, and that it largely arises with the birth of the first child. Interesting situation developing if the main effort is in educating wo…

Hungary, a country I'd not usually quote for progressive policy has a great solution to this: Women get their subsequent income taxes reduced by 25% for each child they get.

This heavily incentivises mothers to return to the workforce, and couples to plan around this. It is also generous enough to be a real boon to young parents.

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