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Of Lead Pencils And Pay Disparities

It is a vast conspriacy. 

On Christmas Eve, I blogged about the “Female pay disparity :” [1]

Fact, there is a pay disparity between males and females.  On average men earn more per hour than women. 

Myth, this disparity is the result of some sort of discrimination and the state ought to take action to remedy it.

sowell2.jpgDispite what I thought to be the last word on the subject, the Master of Classic Economics, Thomas Sowell, decided to weigh in on the subject [2].

If you cannot understand something as simple as making a lead pencil, why should you be surprised that you don’t understand why someone is making a lot more money than somebody else?

Imagine, a classic economist using a classic example [3].

Falsication:  this claim will be falsified by simply explaining how to make a simple lead pencil.   Good luck.