A Profit Opportunity for These Geniuses!
29 April 2007
Editor, New York Post
Dear Editor:
Senators Barack Obama and Tom Harkin assert that women are consistently underpaid ("Obama's 'Fair Pay' Foul," April 29). These pols should confirm their sincerity not by sponsoring "pay equity" legislation that imposes costs on others but, rather, by opening businesses that hire America's underpaid women.
If the senators are correct, such businesses will profit handsomely by taking advantage of under-priced resources and, at the same time, put upward pressure on women's wages - soon bringing women's pay into line with women workers' true worth.
Sincerely,
Donald J. Boudreaux
Chairman, Department of Economics
George Mason University
Editor, New York Post
Dear Editor:
Senators Barack Obama and Tom Harkin assert that women are consistently underpaid ("Obama's 'Fair Pay' Foul," April 29). These pols should confirm their sincerity not by sponsoring "pay equity" legislation that imposes costs on others but, rather, by opening businesses that hire America's underpaid women.
If the senators are correct, such businesses will profit handsomely by taking advantage of under-priced resources and, at the same time, put upward pressure on women's wages - soon bringing women's pay into line with women workers' true worth.
Sincerely,
Donald J. Boudreaux
Chairman, Department of Economics
George Mason University
Posted by Don Boudreaux on
Saturday December 8, 2007 at 1:26pm