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Do Female Economists Think Differently?

If female economists are more socialist, how will this help economic policy?

by
Helen Smith

Bio

October 4, 2012 - 7:46 pm

And if so, is it a good thing? It doesn’t sound like it from this article:

Economics is becoming less of a man’s world, and new research implies that as more women enter the profession that could lead to changes in economic policy.

“Without a doubt it will change policy,” said Ann Mari May, an economics professor at University of Nebraska in Lincoln and one of the study’s authors.

May and her co-authors surveyed hundreds of members of the American Economic Association for the study, which is due to be released in an upcoming issue of the journal Contemporary Economic Policy.

What they found was surprising: Despite similar training and background in economic principles, male and female economists tended to hold sharply different views about some of the biggest and most hotly debated economic issues.

For example, female economists were more likely to say employers should provide health insurance and that income distribution should be more equal. They also were more likely to disagree with the use of educational vouchers.

Women also were far more likely to conclude that job opportunities for men and women are not equal, and that specifically the economic profession favors men over women….

May thinks that as more women enter the field their voices will start to be heard when politicians and others craft economic policies. A more diverse group of expert opinions could lead to more rigorous debate and, perhaps, different ways of thinking about the nation’s major economic challenges.

It basically sounds like the female economists have socialistic tendencies that are at odds with liberty, freedom, and a capitalist society. In what way is their socialism going to help the economy and with “crafting economic policies?” In no positive way that I can see.

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Image courtesy shutterstock / Jozsef Szasz-Fabian

Helen Smith is a psychologist specializing in forensic issues in Knoxville, Tennessee, and blogs at Dr. Helen.
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