A lesson in Barbie labor economics (Classic)
The Indicator from Planet Money
NPR
4.7 • 9.5K Ratings
🗓️ 27 December 2023
⏱️ 10 minutes
🧾️ Download transcript
Summary
After a stunning box office opening of more than $300 million worldwide for the new Greta Gerwig film, the Barbieverse is having its moment. So what better time to examine what Barbie's 200-plus careers over the decades—from fashion model to astronaut to teacher—tell us about real-life women in the workforce. Today on the show, a former economics educator gives us a Barbie pink-colored lens on the labor market.
You can find the St. Louis Fed's Barbie curriculum here.
Related episodes:
Want more Barbie-nomics? Check out our episode on how Mattel turned the Barbie brand around.
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Transcript
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| 0:00.0 | In a year full of seismic indicators, we've picked a select few we thought were with highlighting this week for another listen. |
| 0:06.5 | The episode I've chosen is all about the movie event of the year, Barbie. |
| 0:11.5 | The movie has now grossed over 1.4 billion dollars globally and could |
| 0:15.8 | spark a whole Mattel cinematic universe. But before Barbie became a global movie star, her evolution |
| 0:22.3 | over the decades told us a lot about the role of women in the American |
| 0:26.1 | workforce. Here's our lesson in Barbie labor economics. |
| 0:30.8 | NPR. NPR. This weekend, like many other people, I put on a pink outfit and went to see the new Barbie movie. |
| 0:48.0 | The film made over $300 million worldwide during its opening weekend. The Barbie verse is definitely having a moment. |
| 0:55.4 | Yes it is, but you know Barbie has actually been part of life in the US for decades. |
| 1:00.3 | Ken, not so much. That's true. |
| 1:03.0 | But because Barbie has lived through so many shifts in American culture, |
| 1:08.0 | she's become this lens through which you can talk about basically anything, |
| 1:12.0 | from fashion and politics to race and body image and even |
| 1:17.0 | our favorite topic economics. |
| 1:20.8 | This is the indicator from Flattamani. |
| 1:22.0 | I'm Adrian Ma. |
| 1:23.0 | And I'm Waylon Wong. |
| 1:24.0 | While there has never been an economist Barbie, |
| 1:27.0 | her many careers, over 200 of them, |
| 1:30.0 | tell us a lot about the journey of women in the American workforce. |
| 1:33.6 | Today on the show, we take a crash course in labor economics, Barbie style. Support for this podcast and the following message come from Dignity Memorial. |
| 1:46.0 | When your celebration of life is prepaid today, your family is protected tomorrow. |
... |
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