Market Correction

Not So Persistent
25 April 2007

Editor, The Baltimore Sun

To the Editor:

Worried by the findings of a new study from the American Association of University Women, you call for intensified government action to "combat...the persistent bias that cheats women and their families because of women's diminished earning power" ("Elusive equal pay," April 25).

Your concern should be allayed by the careful research of Harvard economist Claudia Goldin. Writing in the May 2006 American Economic Review, Prof. Goldin reports steady and significant increases over the past 30 years in women's earnings as a percentage of men's earnings. Also increasing steadily and significantly over this time is the proportion of women, relative to men, enrolled to earn professional degrees such as MBAs, JDs, and MDs.

Sincerely,
Donald J. Boudreaux
Chairman, Department of Economics
George Mason University
Posted by Don Boudreaux on Wednesday December 5, 2007 at 1:13pm

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