Claudia Goldin on the Economics of Inequality

Conversations with Tyler

Society & Culture, Education

4.8 • 2.4K Ratings

🗓️ 6 October 2021

⏱️ 49 minutes

🔗️ Recording | iTunes | RSS

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Summary

Harvard professor Claudia Goldin has made a name for herself tackling difficult questions. What was the full economic cost of the American Civil War? Does education increase or lessen income inequality? What causes the gender pay gap—and how do you even measure it? Her approach, which often involves the unearthing of new historical data, has yielded lasting insights in several distinct areas of economics.

Claudia joined Tyler to discuss the rise of female billionaires in China, why the US gender earnings gap expanded in recent years, what’s behind falling marriage rates for those without a college degree, why the wage gap flips for Black women versus Black men, theoretical approaches for modeling intersectionality, gender ratios in economics, why she’s skeptical about happiness research, how the New York Times wedding announcement page has evolved, the problems with for-profit education, the value of an Ivy League degree, whether a Coasian solution existed to prevent the Civil War, which Americans were most likely to be anti-immigrant in the 1920s, her forthcoming work on Lanham schools, and more.

Read a full transcript enhanced with helpful links.

Recorded September 1st, 2021

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Transcript

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0:00.0	Conversations with Tyler is produced by the Mercatus Center at George Mason University,
0:08.4	bridging the gap between academic ideas and real-world problems.
0:12.5	Learn more at mercatis.org.
0:15.2	And for more conversations, including videos, transcripts, and upcoming dates, visit
0:20.4	ConversationsWithT Tyler.com.
0:26.4	Hello everyone and welcome back to ConversationsWithT Tyler.
0:30.0	Today I'm chatting with Claudia Golden, who is quite simply one of the leading economists.
0:34.8	She is professor of economics at Harvard University, has made major contributions to economic
0:40.4	history, the theory of income inequality, economics of education, gender economics, and
0:45.9	much more.
0:47.2	Most exciting of all, she has a new and excellent book out called Career and Family, Women's
0:52.6	Century Long Journey toward Equity.
0:54.8	Claudia, welcome.
0:55.8	I'm very, very pleased to be here, Tyler.
0:59.5	Let me ask a question I've been wondering about.
1:01.8	Why does China right now have so many of the world's self-made female billionaires?
1:07.5	I don't know.
1:08.5	I wouldn't mind being one.
1:11.8	But it's a big change in the payment of women, right?
1:14.2	And it's happened in one place.
1:15.9	It hasn't happened in America.
1:17.2	You know, as you well know, it's a very large country.
	...

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