Economic policy ignores women, and it goes back to basic theories developed by men

Get the Full StoryCourtesy of Annie Fadely

Annie Fadely is the senior policy and programs associate at Civic Ventures, a public policy incubator based out of Seattle, and a producer of the "Pitchfork Economics" podcast.

Fadely says that it's "obvious that the field of economics has a gender bias." And it goes all the way back to the foundations of the field.

The theory of the "economic man" was created when women were still primarily working in the home, making everything that they did in the house "uncounted," or not creating value. And "that devaluation was never updated for the realities of modern life and it began to have real economic consequences," Fadely explains.

For more on this topic, listen to the latest episode of "Pitchfork Economics."

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From its most fundamental theories to the halls of academia, the field of economics is built by and for men.

Google "famous economists." If you click on every single link that appears on the first page of results, you'll find 124 unique men and 12 unique women but I'd recommend taking my word for it . In the history of the field of economics, women make up less than 1 of the economists that Google considers front-page worthy. See the rest of the story at Business InsiderNOW WATCH: Taylor Swift is the world's highest-paid celebrity. Here's how she makes and spends her 360 million.See Also:It's almost impossible to get rid of student loan debt when filing for bankruptcy, but help may be on the wayA headhunter who's helped execs at Morgan Stanley and Facebook break the glass ceiling shares the 3 strategies women and people of color should use to land in the C-suiteZappos gives new employees 4 weeks to decide if it's a good fit and lets them quit with pay if not. Their head of HR explains how this policy has helped them save money and hire great people.SEE ALSO: How did unfettered business become a bipartisan issue? Professor Luigi Zingales explains why Democrats and Republicans are both pro-business parties, at the expense of everyone else.

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