Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10.2 9/18/84; site ut-ngp.UTEXAS Path: utzoo!linus!philabs!cmcl2!seismo!ut-sally!ut-ngp!cgeiger From: cgeiger@ut-ngp.UTEXAS (charles s. geiger) Newsgroups: net.women Subject: Re: Comparable Worth -- Myth and Method Message-ID: <2171@ut-ngp.UTEXAS> Date: Fri, 26-Jul-85 10:52:48 EDT Article-I.D.: ut-ngp.2171 Posted: Fri Jul 26 10:52:48 1985 Date-Received: Sun, 28-Jul-85 03:21:43 EDT References: <137@cosivax.UUCP> Distribution: net Organization: UTexas Computation Center, Austin, Texas Lines: 32 > Now back to garbage and McDonald's. (Uh, well sure, that's all > right.) Let's apply the bookie solution. The method, employers > adjust the pay for counter worker until the number of applicants is > *exactly equal to* the number of openings and then do the same > for garbage collecters. We might even go so far as to call these > balancing salaries `market clearing prices for labor'. In this way, > thousands of prospective counter workers and garbage collecters can > reach consensus on their worth. Finally, take a ratio between the > balancing salaries arrived at for the two. Presto! a consensus > measure of comparable worth. But we all know that this economic theory junk *doesn't* work in real life! An example that quickly comes to mind is one that people are always bringing up on the net--nurses: there's always a shortage of nurses, but salaries never go up (in addition, physicians' attitudes towards nurses never get any better, but that's another story) to attract more possible nurses. Of course, I don't hold out for any *real* comparable worth legislation ever; it would turn the whole society upside down. For me, *real* comparable worth would mean that people who worked shit jobs (like secretary, garbage collector, Jack-in-the-Box worker) would get paid a premium; they are necessary jobs that others are unwilling to do. Professionals would get paid *less*, because they generally enjoy their work and derive a great deal of satisfaction from it (who cares that they spent years in school developing skills? nobody made them). Yes, that means you, computer programmers! Charles S. Geiger Department of Economics University of Texas