Feminist economics: Second wave, tidal wave, or barely a ripple?

Abstract

In this chapter, Cecilia Conrad discusses the influence of Second-Wave Feminism in the area of labor economics and on the discipline of economics itself. Conrad argues that Second-Wave feminists and the awareness they brought to gender-based pay differentials served as a catalyst for additional research on women’s participation in the labor force and increasing numbers of women becoming economists. Moreover, not only did more women become economists, but also the field developed feminist challenges to dominant economic paradigms. While proponents of the leading economic theories often attribute pay differentials to differences between men and women in their education levels, their experiences, and their overall productivity, proponents of feminist economic theory argue that these explanations are incomplete and that at least some of the pay gap between men and women is the result of sexism, patriarchy, and discrimination.