Why is it OK that Hershey's chocolate costs less than Godiva, but the world has its panties in a bundle that women make less than men?
This then sent my brain down the road of pricing, commodities, and efficient market theory, which I all sussed out by the time I reached Phillip, South Dakota. So let me explain.
Different commodities of different quality have different prices. This reflects the value they offer to whoever uses them. Hershey's chocolate, which is about the worst chocolate you can ever buy, is appropriately priced at 3 cents a pound (or whatever it is) because only kids with no palate can manage to eat that stuff. Godiva chocolates on the other hand are priced around $.50 to $1 per piece because they are not only made from superior ingredients, but also taste infinitely better.
Sweet crude oil has a higher price than heavy oil. This is because it's easier to refine and has a higher viscosity making it easier to pump and transport. Refiners and extractors know this and the market reflects this in sweet crude's pricing.
And coffee, of its infinite varieties and blends, has an amazing variation in pricing all based on its quality, where it's from, is it organic, is it fair-trade, and did it come out of a cats ass (not joking).
Matter of fact, nearly everything we buy, commodity or not, has price variation based on it's quality, efficiency, profitability, taste, and all the other variables that ultimately result in value.
Ferrari's versus Fiats.
Bush Mills Black vs. Canadian Windsor
Nordstrom's vs. Wal-Mart
Pure breds vs. mutts
Regular vs. premium
You name it, pretty much everything we buy in the market has gradiated pricing to reflect differing values.
And it's the exact same thing between male and female labor.
The truth is the myth of the female wage gap has been thoroughly debunked that any intellectually honest person (male or female) knows and accepts this. They know women disproportionately major in worthless subjects, take more time off, work less, etc. etc. And when you account for these variables, the wage gap disappears. But I am not here to debate the wage gap any further. I know leftists and feminists will forever cling to it because it supports their religion and their profitable victim-whoring industry. I am here, however, to shoot another simple, but logical torpedo into the wage gap myth that the average idiot on the street can understand.
For example, Dennis Prager pointed out that if women made 25% less for EQUAL WORK, all corporations would fire all men overnight and only women would be employed. This is a simple, logical argument that normies and morons can comprehend. Because of this it does more to fight the lie of the female wage gap than any amount of studies, research, statistics, or math that flies over most people's heads. And though my argument may be a bit more nuanced with the concept of "efficient market hypothesis," the average idiot on the street, even your average liberal arts major, can understand that if the market can accurately price the varying qualities of millions of goods, services, and commodities, then it's also likely valuing female labor precisely where it should be.
Still, I wouldn't hold your breath in hope this bit of economic logic ends the
Buy my latest book "Reconnaissance Man!"
And if you really want to close the wage gap, buy my other book "Worthless!"