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I don't think that is the same thing - preventing Jews from visiting business schools is not amenable to market forces, if there is a law against Jews visiting

I don't think that is the same thing - preventing Jews from visiting business schools is not amenable to market forces, if there is a law against Jews visiting schools. Women had other things to do - Black people were working, too, but I suppose they were also banned from getting a proper education and from doing certain jobs. People returning from paternity leave are not banned from any jobs. The question is still: why can businesses get away with paying less? It would seem that their demand for these workers is not high enough, or they can enough workers without the missing experience. Otherwise, they would be competing for these workers and wages would go up.

rayiner 9y ago
> I don't think that is the same thing - preventing Jews from visiting business schools is not amenable to market forces, if there is a law against Jews visiting schools. Women had other things to do - Black people were working, too, but I suppose they were also banned from getting a proper education and from doing certain jobs. There were no laws against hiring women/jews/black people into professional positions in the 20th century. The market chose to categorically exclude them until the government made it illegal to do so. > The question is still: why can businesses get away with paying less? Because businesses can engage in irrational hiring behaviors so long as the irrationality is widely shared.
- anothercomment 9y ago
  At least the Jews seemed to have found a way around it, though - why were they successful? Did they build their own schools, or how did they do it? Afaik at least for some time they were banned from certain professions, which is why many become money lenders and became rich - might have been before the 20th century, though. I don't know that much about the history of the US, but it seems Jim Crow laws were in effect till 1965? https://en.wikipedia.org/wiki/Jim_Crow_laws https://en.wikipedia.org/wiki/Jim_Crow_laws Women, as I said, had other things to do, before the invention of the washing machines. The question remains, why not found a company hiring those supposedly cheaper workers, and blow the competition out of the water? I suppose a company hiring only blacks in the early 20th century would have been unable to sell it's wares because of racism? Are software developers on a "market for lemons"? Because employers presumably can't know how good a developer is, they bid too low, which in turn makes good developers avoid the market altogether? (ref https://en.wikipedia.org/wiki/The_Market_for_Lemons https://en.wikipedia.org/wiki/The_Market_for_Lemons )

rayiner 9y ago

> I don't think that is the same thing - preventing Jews from visiting business schools is not amenable to market forces, if there is a law against Jews visiting schools. Women had other things to do - Black people were working, too, but I suppose they were also banned from getting a proper education and from doing certain jobs. There were no laws against hiring women/jews/black people into professional positions in the 20th century. The market chose to categorically exclude them until the government made it illegal to do so. > The question is still: why can businesses get away with paying less? Because businesses can engage in irrational hiring behaviors so long as the irrationality is widely shared.

anothercomment 9y ago
At least the Jews seemed to have found a way around it, though - why were they successful? Did they build their own schools, or how did they do it? Afaik at least for some time they were banned from certain professions, which is why many become money lenders and became rich - might have been before the 20th century, though. I don't know that much about the history of the US, but it seems Jim Crow laws were in effect till 1965? https://en.wikipedia.org/wiki/Jim_Crow_laws https://en.wikipedia.org/wiki/Jim_Crow_laws Women, as I said, had other things to do, before the invention of the washing machines. The question remains, why not found a company hiring those supposedly cheaper workers, and blow the competition out of the water? I suppose a company hiring only blacks in the early 20th century would have been unable to sell it's wares because of racism? Are software developers on a "market for lemons"? Because employers presumably can't know how good a developer is, they bid too low, which in turn makes good developers avoid the market altogether? (ref https://en.wikipedia.org/wiki/The_Market_for_Lemons https://en.wikipedia.org/wiki/The_Market_for_Lemons )