Tag Archives: homosexuality

What Transmen Tell Us About Inequality in the Workplace

In her memoir, accomplished economic historian (and my personal hero) Deirdre McCloskey, relates the conversation in which she informed her dean that she planned to transition from man to woman.* At the time, the dean joked that the change would be great for affirmative action (“one more woman, one less man!”) and meant that he […]

What Explains the Lesbian Wage Premium?

I have an idea for a Hollywood movie. An ambitious, young, heterosexual woman disguises herself as a lesbian in order to land herself the job of her dreams. Her handsome colleague takes her into his confidence and, of course, she falls in love with him. After a series of comedic events, she eventually gets her […]

Gay Neighbors Are Good for Home Values

We all know that when it comes to buying a house the three most important factors to consider are location, location, and location.

An Economic Theory for Rentboys

Asymmetric information, where one party in a transaction has more accurate information than the other, generally leads to inefficient markets. Formal legal institutions, such as those that make contracts enforceable, reduce the two problems created by asymmetric information: adverse selection and moral hazard. Adverse selection is asymmetric information before a transaction occurs and is a […]