MatureDJ
Master Don Juan
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I was reading an article about how men are falling behind economically, etc., causing women to see them as unmarriageable, etc., etc., and it got me thinking
http://www.nytimes.com/2013/03/21/b...ground-clues-in-the-family.html?src=twr&_r=2&
http://www.nytimes.com/2013/03/21/b...ground-clues-in-the-family.html?src=twr&_r=2&
OK, here's my explanation: Women don't care think so much of the *cost* of more education, as they tend to be bad at finance, and in any case figure that some beta will end paying for the "family debt". OTOH, men look at the cost and think about whether the cost in time & money would result in a higher wage (NOTE, not just higher income, which could come from simply taking a job with longer hours, but a higher wage), and have been coming to the conclusion that in this economy, it is not worth it.“I think the greatest, most astonishing fact that I am aware of in social science right now is that women have been able to hear the labor market screaming out ‘You need more education’ and have been able to respond to that, and men have not,” said Michael Greenstone, an M.I.T. economics professor who was not involved in Professor Autor’s work. “And it’s very, very scary for economists because people should be responding to price signals. And men are not. It’s a fact in need of an explanation.”