Griffin Snow ~ Chapter 5 ~ Q7

The most interesting thing I learned from this chapter was how economics was such a large part of decision making- whether it be hiring a new lawyer for your firm, or providing health care for those with life threatening diseases. I was interested in the idea behind hiring a man vs. a woman because it has been such a controversial topic in recent years, but also because I never thought about the issue from the side of the company. If you hire a woman who then goes and starts a family and then quits after taking her maternity leave (while getting paid), as a company you are losing money in places you don't have to. By hiring a male, he most likely will not be taking leave to take care of his children, not because it is impossible, but improbable. If you have no information about society norms or previous hiring experience, there is no reason not to hire either one. But, because company's have had female workers quit after maternity leave, that gives them incentive to hire a male, even if the woman has the same, or better, credentials for the job. The flow of information and how it affects our decisions is a very interesting topic to me- similarly to the economic advertising (with adding the fake price to get something "free"). I never would have thought economics would be in so many places.