Knowingo
The Economics of Discrimination
How can discrimination in the market place be measured in money, and what does it do to the incomes of both sides?
At a glance
- Author
- Gary S. Becker
Why read it
- You will learn to treat a taste for discrimination as something a person pays for, in cash or lost income
- You will question the common assertion that discrimination raises the incomes of those who practise it
- You will be able to ask whether a group's pattern of jobs reflects discrimination or the group's own preferences
Who it is for
- An economics student studying how markets treat different groups
- A labor economist comparing pay gaps across industries
- A manager wondering what bias costs a firm
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