- published: 26 Feb 2015
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Equal pay for equal work is the concept of labour rights that individuals doing the same work should receive the same remuneration. Among international human rights law, the Article 7 of the International Covenant on Economic, Social and Cultural Rights and the Article 15 of African Charter on Human and Peoples' Rights ensure the "eqal pay for equal work". In America, for example, the law states that "employers may not pay unequal wages to men and women who perform jobs that require substantially equal skill, effort and responsibility, and that are performed under similar working conditions within the same establishment."
It is most commonly used in a context of sexual discrimination, as equal pay for women. Equal pay does not simply relate to basic salary but also to the full range of benefits, non salary payments, bonuses and allowances that are paid.
The U.S. Democratic Party has historically supported legislating equal pay for equal work. The Lilly Ledbetter Fair Pay Act was signed into law in January 2009.
Milton Friedman (July 31, 1912 – November 16, 2006) was an American economist, statistician, and author who taught at the University of Chicago for more than three decades. He was a recipient of the Nobel Memorial Prize in Economic Sciences, and is known for his research on consumption analysis, monetary history and theory, and the complexity of stabilization policy. As a leader of the Chicago school of economics, he influenced the research agenda of the economics profession. A survey of economists ranked Friedman as the second most popular economist of the twentieth century behind John Maynard Keynes, and The Economist described him as "the most influential economist of the second half of the 20th century…possibly of all of it."
Friedman's challenges to what he later called "naive Keynesian" (as opposed to New Keynesian) theory began with his 1950s reinterpretation of the consumption function, and he became the main advocate opposing activist Keynesian government policies. In the late 1960s he described his own approach (along with all of mainstream economics) as using "Keynesian language and apparatus" yet rejecting its "initial" conclusions. During the 1960s he promoted an alternative macroeconomic policy known as "monetarism". He theorized there existed a "natural" rate of unemployment, and argued that governments could increase employment above this rate (e.g., by increasing aggregate demand) only at the risk of causing inflation to accelerate. He argued that the Phillips curve was not stable and predicted what would come to be known as stagflation. Friedman argued that, given the existence of the Federal Reserve, a constant small expansion of the money supply was the only wise policy.
Fransiscus Bernardus Maria (Frans) de Waal, PhD (born 29 October 1948, 's-Hertogenbosch), is a Dutch primatologist and ethologist. He is the Charles Howard Candler professor of Primate Behavior in the Emory University psychology department in Atlanta, Georgia, and director of the Living Links Center at the Yerkes National Primate Research Center and author of numerous books including Chimpanzee Politics and Our Inner Ape. His research centers on primate social behavior, including conflict resolution, cooperation, inequity aversion, and food-sharing. He is a Member of the United States National Academy of Sciences and the Royal Netherlands Academy of Sciences.
De Waal studied at the Dutch universities of Radboud University Nijmegen, University of Groningen, and Utrecht. In 1977, De Waal received his doctorate in biology from Utrecht University after training as a zoologist and ethologist with Professor Jan van Hooff, a well-known expert of emotional facial expressions in primates. His dissertation research concerned aggressive behavior and alliance formation in macaques.