18 October 2007

Principles of Feminist Economics

Actually, a lot of these are not specifically feminist, but the kinds of things that a number of people [myself included] for a while. For example: "Non-market activities are important to the economy. Once it is acknowledged that the household is a locus of economic activity, it also becomes apparent that unpaid work, such as the raising of children and all household work, is an essential aspect of any economy which must be recognized. "
And this is important and looks, at first, to be uncontroversial;
People compete, cooperate and care.
The valorization of competition in Mankiw and many other principles texts is overly simplistic. Cooperation and caring also play a role in the economy, often yielding superior outcomes to competition
But we should recall the classical economics view is that people compete.
Principles of Feminist Economics:

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"Spend and tax" not "tax and spend"

 I got a response from my MP which got me kind of mad. You'll see why as I reproduce it here. Apologies for the strange changes in types...