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Stanford University
Conservatively, 25% of growth in U.S. GDP between 1960 and 2010 can be attributed to greater gender and racial balance in the workplace, research finds. The number could be as high as 40%.
In 1960, 94% of doctors and lawyers were white men. Today that number has fallen to 60%, and the economy has benefited dramatically because of it.
Stanford Business Stanford Business @StanfordGSB
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Warren Vidovich 25. sij
Odgovor korisniku/ci @Stanford @StanfordGSB
At what cost? Suppression of total wages and forcing American households from single income to dual income with no measurable net change in wealth per household. Increasing the supply of workers does not increase wages. Only productivity which doesn’t put meals on the table.
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Shubham 24. sij
Odgovor korisniku/ci @Stanford @StanfordGSB
Interesting. I got a question is this is also based on occupational inequality i.e. more males in higher salary industries?
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Odgovor korisniku/ci @Stanford @StanfordGSB
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vance hanna 1. velj
Odgovor korisniku/ci @Stanford @StanfordGSB
Without a doubt! Thanks
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