February 25, 2008
Arnold Kling
This week's econtalk conversation, between Russ Roberts and Thomas Sowell, is not to be missed. My favorite nugget is when Sowell describes the professional progress women made early in the 20th century, because the age of marriage and childbearing was higher than it was in the 1950's and early 1960's. But there are lots of interesting discussions.
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Historically hasn't the age of marriage been inversely related to economic well being? The average age of marriage rose sharply in the depression came back down in the prosperity of the 1950s and 1960s and has been rising since the 1970s.
Moreover, poor countries, like Ireland was for decades, have been associated with late marriages.
Spencer,
Excellent question. Here is what Sowell gives as his sources for the comments in the book making the same point as in the podcast: John B. Parrish, "Professional Womanpower as a National Resource," Quarterly Review of Economics & Business, February 1961, p.58 and Jessie Bernard, /Academic Women/ (University Park: Pennsylvania State University Press, 1964), pp. 35, 61.