Before WWII, middle-class married women were strongly discouraged from working for pay outside the home. If their husbands could provide, "respectable" women were expected to stay home as homemakers.
One could argue the opposite: that the mass entry of women into the paid workforce expanded the labor supply, contributing to wage stagnation and, eventually, the erosion of the middle class. But that wasn’t the only cause. Globalization, declining unions, automation, and regressive taxes were also factors.
astrange|5 months ago
See page 3 on https://www.nobelprize.org/uploads/2023/12/goldin-lecture-sl... for an illustration.
Muromec|5 months ago
right here is the problem
tbirdny|5 months ago