Still, women make up only just more than 30 percent of new PhDs in economics and their proportions are lower further up the career ladder: Only 15 percent of full professors in economics are women.įurthermore, the domination of men in the field of economics is reflected in mainstream economic theory itself, which centers a male worldview, including a focus on individualism over community and emphasizing the study of markets over the study of household dynamics. More recently, women economists have risen to prominence, such as Janet Yellen, the chair of the Federal Reserve.
The economics of misogyny describes how these anti-woman beliefs are deeply ingrained in economic theory and policy in such a way that devalues women’s contributions and limits women’s capabilities and opportunities.Įconomics has long been the purview of men almost all the names in early economic thought were men, with the notable exception of Joan Robinson, who was a member of John Maynard Keynes’s inner circle of Cambridge economists. It is reflected in how we think about the economy and the policies that are created to regulate markets and encourage growth. Misogyny has been around long enough to have become embedded in the structures and institutions of our society, including the economy. But though society has gotten better at identifying misogyny, the systematic role it plays in our world remains largely unnamed. Outright misogyny-from catcalling to gender-based violence-has been gaining more acknowledgement recently, as society develops a better understanding of concepts like consent and toxic masculinity. The term misogyny is often used in feminist analysis but not often used to analyze the government and market institutions that make up our society.
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