The goal of Feminist Economics is not just to develop more illuminating theories, but to improve the conditions of living for all children, women, and men.IMAGINE that the world consists of 20 men and 20 women, all of them heterosexual and in search of a mate.Almost none show any effect beyond that of false treatment.Perceived effects of alternative medicine may be caused by placebo; decreased effect of functional treatment (and therefore potentially decreased side effects); and regression toward the mean where improvement that would have occurred anyway is credited to alternative therapies; or any combination of the above.For black women of the same age, the figure is about one in 150.For obvious reasons, convicts are excluded from the dating pool.
You would be wrong, argues Tim Harford, a British economist, in a book called “The Logic of Life”. That newly single woman then ups her game, too, to steal a man from someone else. Before long, every woman has to try harder, and every man can relax a little.Alternative treatments are not the same as experimental medicine or traditional medicine, although much of the latter is alternative when used today.Alternative medicine has grown in popularity and is used by a significant percentage of the population in many countries.With 20 women pursuing 19 men, one woman faces the prospect of spinsterhood. Real life is more complicated, of course, but this simple model illustrates an important truth. And among African-Americans, the disparity is much worse than in Mr Harford's imaginary example.Between the ages of 20 and 29, one black man in nine is behind bars.