A Quote by George Akerlof
When men do all the outside work, they contribute on average about 10 percent of housework. But as their share of outside work falls, their share of housework rises to no more than 37 percent.
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When woman work outside the home and share breadwinning duties, couples are more likely to stay together. In fact, the risk of divorce reduces by about half when a wife earns half the income and a husband does half the housework.
The obvious and fair solution to the housework problem is to let men do the housework for, say, the next six thousand years, to even things up. The trouble is that men, over the years, have developed an inflated notion of the importance of everything they do, so that before long they would turn housework into just as much of a charade as business is now. They would hire secretaries and buy computers and fly off to housework conferences in Bermuda, but they'd never clean anything.
No work-family balance will ever fully take hold if the social conditions that might make it possible - men who are willing to share parenting and housework, communities that value work in the home as highly as work on the job, and policymakers and elected officials who are prepared to demand family-friendly reforms - remain out of reach.
I'm one of nine sisters. My parents were dairy farmers in Wisconsin. My father didn't believe in girls doing farm work. Girls did housework, and he hired young men to do farm work. I would have preferred to be outside.
Over the period from 1988 to 2005, the income share of the top five percent has grown by about 3.5 percent of global household income, and the shares of all the other groups have diminished. The greatest relative reduction was in the bottom quarter, which lost about one third of its share of global household income, declining from 1.155 to 0.775 percent, and now is even more marginalized.
Most women without children spend much more time than men on housework; with children, they devote more time to both housework andchild care. Just as there is a wage gap between men and women in the workplace, there is a "leisure gap" between them at home. Most women work one shift at the office or factory and a "second shift" at home.
From an economic perspective, women are treated unfairly: they perform 66 percent of the world's work and produce 50 percent of the food but they only earn 10 percent of the income and own 1 percent of the property.
For 'Vikings,' we have to do so much outside shooting, and it's normally - I think with American shows, it'll be 60 or 70 percent inside and a little bit outside, but with us, it's almost 70 percent outside, and that's huge and really difficult.
Economists often talk about the 80/20 Principle, which is the idea that in any situation roughly 80 percent of the “work” will be done by 20 percent of the participants. In most societies, 20 percent of criminals commit 80 percent of crimes. Twenty percent of motorists cause 80 percent of all accidents. Twenty percent of beer drinkers drink 80 percent of all beer. When it comes to epidemics, though, this disproportionality becomes even more extreme: a tiny percentage of people do the majority of the work.
We have a lot of work to do, but we can get there if we work together. Women are more than 50 percent of the population and more than 50 percent of voters. We must demand that we all receive 100 percent of the opportunities.
In 2012, Hispanics were 10 percent of the electorate, underperforming their share of the voting-age population. Mitt Romney got 21 percent of their vote, and [Donald] Trump has been polling much lower than that.
Over the last several quarters we have been growing faster in Asia and Europe than any other place on the planet. We have 18 percent of the global PC share, about 12 percent in Europe, and 8 percent in Asia.
We believe you will not have to pay more than the current rate structure proposes - which is, for 50 percent of the public, nothing; for another 25 percent, only a 10 percent increase; and for the remaining 25 percent, a 34 percent increase.
The American television industry is a Darwinian environment where success is usually measured in inches, not yards. That is, for most TV media, audiences have gotten so small that one measures 'victories' in tenths of a point - as in, a 2.2 percent share is a great leap over a 2.1 percent share.
Hardly any famine affects more than 5 percent, almost never more than 10 percent, of the population. The largest proportion of a population affected was the Irish famine of the 1840s, which came close to 10 percent over a number of years.
By 2015, the top 1 percent of families took home more than 20 percent of income. Wealth distribution was 10 times worse than that: the families in the top 1 percent owned as much as the families in the bottom 90 percent.
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