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Cato Podcast

The Pink Tax and The War on Prices

Cato Podcast

Cato Institute

Government, Policy, 424708, Immigration, Defense, Peace, Politics, News, Cato, Libertarian, News Commentary, Markets

4.5979 Ratings

🗓️ 14 May 2024

⏱️ 12 minutes

🧾️ Download transcript

Summary

Are the prices men and women pay for similar products evidence of discrimination that calls for a heavy-handed government response? Ryan Bourne is editor of the new Cato book, The War on Prices.

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Transcript

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0:00.0

This is the Cato Daily Podcast for Tuesday, May 14th, 2004. I'm Caleb Brown.

0:09.6

How should we approach the question of the Pink Tax? The notion that women pay more for basically

0:14.8

identical products and services just because they're women has spurred claims

0:20.0

of sexism the Cato's Ryan Bourne explores why the pink tax is largely a myth in his

0:25.6

new book The War on Prices available today. I don't know if this is just a myth or whether this is just a myth or whether

0:40.0

this is just common knowledge which myths often are common knowledge. I remember years ago a debate

0:48.8

online I can't remember where about the prices that men and women pay to get their hair done.

0:58.4

And the fights were, well, you know, women are more particular than men about how their hair looks or women have longer

1:05.4

hair it takes longer to cut a woman's hair and leaving that particular example aside,

1:14.1

how would we even get at the question

1:17.4

of whether or not, in a much broader sense,

1:20.5

women pay more for stuff that they need that are you know maybe particular to their

1:27.4

needs than men do. Well you have to do quite careful economic analysis and you know this whole debate really erupted in the

1:35.3

mid 2010s when Bill de Blasio's New York City Department of Consumer Affairs

1:39.8

ran a report in which they looked at 397 pairs of items which they'd identified as

1:45.9

substantially similar products but marketed towards men

1:48.8

or marketed towards women and often the products marketed towards women

1:52.1

were in pink or kind of gendered packaging,

1:56.0

so hence the term the pink tax came about, because what they found was that on average,

2:00.6

you know, whether this is looking across adult clothing

2:03.0

whether it's looking at children's toys

2:05.0

whether it's looking at personal care products

...

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