Feminist economics is the critical study of economics including its methodology, epistemology, history and empirical research, attempting to overcome pervasive androcentric (male and patriarchal) biases. It focuses on topics of particular relevance to women, such as care work or occupational segregation (exclusion of women and minorities from certain fields); deficiencies of economic models, such as disregarding intra-household bargaining; new forms of data collection and measurement such as the Gender Empowerment Measure (GEM), and more gender-aware theories such as the capabilities approach. Feminist economics ultimately seeks to produce a more gender inclusive economics.
Feminist economists call attention to the social constructions of traditional economics, questioning the extent to which it is positive and objective, and showing how its models and methods are biased towards masculine preferences. Since economics is traditionally focused on topics said to be "culturally masculine" such as autonomy, abstraction and logic, feminist economists call for the inclusion of more feminine topics such as family behavior, connections, concreteness, and emotion, and show the problems caused by exclusion of those topics. Inclusion of such topics has helped create policies that have reduced gender, racial, and ethnic discrimination and inequity, satisfying normative goals central to all economics.
Many scholars including Ester Boserup, Marianne Ferber, Julie A. Nelson, Marilyn Waring and Nancy Folbre have contributed to feminist economics. By the 1990s it had become recognised as an established field within economics.
Read more about Feminist Economics: Origins and History, Critiques of Traditional Economics, Organizations, Relation To Other Disciplines, Graduate Programs Offering Study in Feminist Economics
Famous quotes containing the words feminist and/or economics:
“There was no need for a feminist philosophy. My mother never stopped to think that she couldnt do something.... You didnt have to change the rules. Just be a strong and skilled individual, work hard, do your homework, and you can do it.”
—Katherine Berman Mariano (b. 1957)
“Womens battle for financial equality has barely been joined, much less won. Society still traditionally assigns to woman the role of money-handler rather than money-maker, and our assigned specialty is far more likely to be home economics than financial economics.”
—Paula Nelson (b. 1945)