With yesterday being International Women’s Day, we thought we would share with readers an interesting perspective, using an economic argument, against calls for equal pay for equal work laws.
The equality that the feminist movement seeks through the law, will result in more sexism.
Milton Friedman argues that economically, equality being sought through the law, could become the basis of gender apartheid. Additionally, he argues that employers who discriminate based on gender will no longer pay a premium price for their biases if such equal pay for equal work is enforced; and women lose the weapon (of working for less), to get jobs over men to enter the workforce.
The argument is solid. However, we are sure that there are those of us who will disagree on grounds of a need for equality. We need to look at outcomes of policies, not the names and intentions of policies. It is better to compete freely than be forced to compete equally.