The most popular explanation for the gender pay gap is wrong | Richard Reeves

Author Richard Reeves debunks gender pay gap myths. Subscribe to Big Think on YouTube ► https://www.youtube.com/channel/UCvQECJukTDE2i6aCoMnS-Vg?sub_confirmation=1 Up next, Male inequality, explained by an expert ► https://youtu.be/DBG1Wgg32Ok The gender pay gap has narrowed significantly over the last few decades, with 40% of women now earning more than the median man. But the gap still exists. Why? The main driver is no longer discrimination but rather the different patterns of work between men and women, says Richard Reeves, a senior fellow at the Brookings Institution. Women's earnings decline significantly after having children, as they take more time out of the labor market or work part-time during critical career development years. To further address the gender pay gap, Reeves argues that society should reduce the impact of time away from the labor market, redesign career ladders for more flexibility, and encourage shared parenting responsibilities. Policies such as paid leave for both parents and support for fathers' involvement in childcare are crucial to achieving true gender equality, says Reeve. 0:00 What is the gender pay gap? 1:13 Is it caused by discrimination? 2:01 Is it a myth? 3:07 “The economic equivalent of being hit by a meteorite” 4:20 How to fix the parent gap 6:14 The deep problems of equality ---------------------------------------------------------------------------------- About Richard Reeves: Richard V. Reeves is a senior fellow at the Brookings Institution, where he directs the Future of the Middle Class Initiative and co-directs the Center on Children and Families. His Brookings research focuses on the middle class, inequality and social mobility. Richard writes for a wide range of publications, including the New York Times, Guardian, National Affairs, The Atlantic, Democracy Journal, and Wall Street Journal. He is the author of Dream Hoarders (Brookings Institution Press, 2017), and John Stuart Mill – Victorian Firebrand (Atlantic Books, 2007), an intellectual biography of the British liberal philosopher and politician. Dream Hoarders was named a Book of the Year by The Economist, a Political Book of the Year by The Observer, and was shortlisted for the Goddard Riverside Stephan Russo Book Prize for Social Justice. In September 2017, Politico magazine named Richard one of the top 50 thinkers in the U.S. for his work on class and inequality. A Brit-American, Richard was director of strategy to the UK’s Deputy Prime Minister from 2010 to 2012. Other previous roles include director of Demos, the London-based political think-tank; social affairs editor of the Observer; principal policy advisor to the Minister for Welfare Reform, and research fellow at the Institute for Public Policy Research. Richard is also a former European Business Speaker of the Year and has a BA from Oxford University and a PhD from Warwick University. ---------------------------------------------------------------------------------- Read more of our stories: How does your personality type affect your income? ► https://ift.tt/LjcsKlZ ‘Gender Pay Scorecard’ grades 50 major U.S. companies ► https://ift.tt/28JoRDr Talking about money is taboo. You should break it. ► https://ift.tt/KXmrvhl ---------------------------------------------------------------------------------- About Big Think | Smarter Faster™ ► Big Think Our mission is to make you smarter, faster. Watch interviews with the world’s biggest thinkers on science, philosophy, business, and more. ► Big Think+ Looking to ignite a learning culture at your company? Prepare your workforce for the future with educational courses from the world’s biggest thinkers. Trusted by Ford, Marriot, Bank of America, and many more. Learn how Big Think+ can empower your people today: https://ift.tt/K2pPRhk ---------------------------------------------------------------------------------- Want more Big Think? ► Daily editorial features: https://ift.tt/rFXDwSu ► Get the best of Big Think right to your inbox: https://ift.tt/TBZQeuK ► Facebook: https://ift.tt/F3MQgZ4 ► Instagram: https://ift.tt/t4AyUcS ► Twitter: https://ift.tt/dUK8snl