Equal Pay?
I was always skeptical about the wage disparity but could never put my finger on why. This article explains why I was skeptical. The last paragraph is the most convincing:
"That is, pure discrimination would create significant profit opportunities
for non-discriminators, such that discriminating firms would tend to be
replaced by non-discriminating firms. Profits are a powerful motivator."
"That is, pure discrimination would create significant profit opportunities
for non-discriminators, such that discriminating firms would tend to be
replaced by non-discriminating firms. Profits are a powerful motivator."
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