Posts Tagged Finances

Less than 10% of the World’s Billionaires Are Women

Various studies have been coming out over the last six months noting the gender disparity in the world’s wealthiest people. Forbes reported that of 1000 billionaires in the world only 14 are women; while TrendHunter claims that of 946 billionaires, only 86 are women, so either way it’s a range between 1 and 9 percent which is extremely low. Maybe not a surprising stat but a disappointing one nonetheless.

So what can we attribute this to? It doesn’t seem to make sense considering in the U.S. women make up more than half of the workforce and more than half of college graduates. So why is there such a large disparity in wealth?

One article I read recently talked about ...

Various studies have been coming out over the last six months noting the gender disparity in the world’s wealthiest people. Forbes reported that of 1000 billionaires in the world only 14 are women; while TrendHunter ...

The beating heart of the economy

Her Blueprint, the blog of the International Museum of Women, has a really interesting post, and related podcast, about economics and language. Feminist economist Nancy Folbre argues that the language–liquidity, evasion, and safety net, oh my–we’ve been using to describe our economy are, perhaps, part of why it’s been ailing so badly. Most dangerous are the metaphors we employ, which Her Blueprint points out are largely automotive in nature: “jump-starting the economy” or “economic engine.” These aren’t accurate, Folbre argues, and only serve to further dumb down an already financially less-than-savvy populace. Instead, she argues, let’s use metaphors that really propel us to create an economy that serves people:

The [new terminology] that I’ve suggested … is ...

Her Blueprint, the blog of the International Museum of Women, has a really interesting post, and related podcast, about economics and language. Feminist economist Nancy Folbre argues that the language–liquidity, evasion, and safety ...