Economic woman (with Katrine Marçal, Lisa D. Cook, and Anna Gifty Opoku-Agyeman)

Pitchfork Economics with Nick Hanauer

Civic Ventures

Business, Government, News, Politics

4.8 • 1.5K Ratings

🗓️ 19 November 2019

⏱️ 54 minutes

🔗️ Recording | iTunes | RSS

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Summary

We’ve heard all about economic man, but what happened to economic woman? Women are noticeably absent in theoretical economic models and—perhaps not so coincidentally—they're also massively underrepresented in the field of economics itself. This week, we’re joined by journalist Katrine Marçal and economists Dr. Lisa Cook and Anna Gifty Opoku-Agyeman in an examination of why women are excluded from economics, and what we can do about it. Katrine Marçal is a journalist for Dagens Nyheter, Sweden’s most prestigious daily newspaper. Her book Who Cooked Adam Smith’s Dinner? was shortlisted for the August Prize in 2012 and has been translated into 19 languages. Twitter: @katrinemarcal Dr. Lisa D. Cook is an Associate Professor of Economics and International Relations at Michigan State University. Among her current research interests are economic growth and development, financial institutions and markets, innovation, and economic history. As a Senior Economist at the President’s Council of Economic Advisers during the 2011-2012 academic year, Dr. Cook worked on the euro zone, financial instruments, innovation, and entrepreneurship. Twitter: @drlisadcook Anna Gifty Opoku-Agyeman is a Research Scholar in Economics at Harvard University working at the Blair Economics Lab, a Visiting Research Fellow at the National Bureau of Economic Research, and a pre-doctoral trainee of the NYU/Schmidt Futures Program. She is the co-founder and CEO of The Sadie Collective, a group that supports greater representation of black women in economics and related fields. Twitter: @itsafronomics Further reading: Who Cooked Adam Smith’s Dinner? https://www.indiebound.org/book/9781681771427 Opinion: It Was a Mistake for Me to Choose This Field: https://www.nytimes.com/2019/09/30/opinion/economics-black-women.html The Sadie Collective: https://www.sadiecollective.org/our-mission.html Why are there so few women economists? https://review.chicagobooth.edu/economics/2019/article/why-are-there-so-few-women-economists Women’s Economic Agenda: https://www.epi.org/womens-agenda/

Transcript

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0:00.0	Neolism has created an enormous amount of value for a very small group of almost exclusively white men.
0:08.5	We need to first acknowledge that there are people in the room that we have not been acknowledging.
0:13.2	What leads to this sort of huge economic gap between men and women is the undervaluation of
0:19.1	care work in the world and that goes back to sort of the foundation of modern day economics.
0:25.0	And we have to talk about that.
0:27.0	From the offices of Civic Ventures in downtown Seattle, this is Pitch Fork Economics with
0:38.3	Nick Hanauer, a pointed conversation about who gets what and why, with one of America's most provocative
0:44.9	capitalists. I'm Nick Henauer, founder of Civic Ventures. I'm Stephanie
0:52.1	Urban. I run a lot of our advocacy and campaign work here at Civic Ventures.
0:57.0	In this episode that we're calling economic woman, we're exploring the relationship
1:06.1	both between the theoretical parts of economics to women and how they participate and also how the profession you know kind
1:17.6	of on the ground treats women or intersects with women and these things are linked they are linked and in this really interesting
1:25.3	recursive sort of fractal way and honestly until we started doing this episode I hadn't thought about it
1:36.1	really really deeply but it is super interesting when you consider the fact that the idea of women and sort of the characteristics that we attribute to femininity,
1:51.0	excuse me, is excluded from how we view human behavior in neoclassical economics
1:57.5	and neoliberalism, and the models too that assume that people are perfectly rational and all this stuff.
2:05.0	Exclude caring, intimacy, loyalty, love, reciprocity, basically, community, all that stuff, right?
2:17.2	And the fact that the profession itself
2:21.4	has been massively dominated by mostly rich white guys who have been,
2:27.1	you know, it turns out incredibly hostile to women.
2:30.8	And then you have this sort of on the ground lived experience where women are paid
2:36.6	whatever it is 71 cents on the dollar of men is that I think it's more now
	...

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