The same experiment in the mid eightys and 2000 and they found remarkably similar relationships between beauty and outcomes such as earnings in these 2 periods so while we think things have gotten a little bit better i really doubt that its changed very much over my lifetime. Now you describe beauty as a scarce resource but ogden this canyon is very 2 i mean you point out in your book that most people are somewhere around the average somewhere around the middle 1000 make a beauty by is this phenomenon of discriminating or privilege ing people based on their looks. Fairly infrequent because if we are all around the average who is discriminating against whom well not everybody is average i mean typical things like for example in the us when these studies are done perhaps one 3rd of the people are rated as above average of whom a small. A fraction are rated as gorgeous and about a 6 the rate is below average so were talking about the top 3rd in the bottom 6 which is half of the entire pop
To be. Some voters in some western countries are no longer discriminating against ugly man running for president of Prime Minister so i wonder if people are as obsessed about the looks as they used to be when they you were writing your book thats very hard to say theres been very little studies where they have through the exactly the same thing lets say in the eightys and right now one study for australia did exactly the same experiment in the mid eightys and 2009 and they found remarkably similar relationships between beauty and outcomes such as earnings in these 2 periods so while we think things have gotten a little bit better i really doubt thats changed very much over my lifetime now you describe beauty as a scarce resource but ogden this canyon is very 2 i mean you point out in your book that most people are somewhere around the. Average somewhere around the middle 1000 make a beauty by is this phenomenon of discriminating or privilege ing people based on their looks. Fairly infr
World against anybody it wants. But frankly rather than a sign of strain of it this is a sign of weakness because the u. S. Is unable to get support from any other country in the world for these. Actions including britain france germany and staunch u. S. Allies completely reject the about the trump a news station on this issue and its a sign of desperation frankly that theyre hoping something will happen between now and november and turn things around and trump hopes to use these parts to gain reelection i think frankly its quite the opposite. Something a little different for the back half hour next. On with the author of beauty pays why attractive people are more successful worlds apart starts in moments. Welcome to well to party itself and sad that beauty is in the eye of the behold there but hundreds of studies across decades showed that most beholders view beauty in pretty similar ways and thats leaps into all facets of a persons life from the way a kid is treated in school to hes
Clothed welcome to all the party itself and sad that beauty is in the eye of the beholder but hundreds of studies across decades showed that most beholders view beauty in pretty similar ways and thats leaps into all facets of a persons life from the way a kid is treated in school to hes or her success in the labor or marriage markets its pretty clear that beauty is an advantage but is it really an unfair or superficial one well to discuss that im now joined by Daniel Hamermesh emeritus professor of economics at the university of texas and also her off beauty pace why attractive people are more successful professor is so good to have you on the show thank you very much for your time thank you for having me now its been almost a decade since you published these groundbreaking book and theres been quite a lot of changes in this past decade beauty pageants are not as popular as they used to be. Some voters in some western countries are no longer discriminating against man running for presi
Hong kong Police Arrest a media tycoon and prominent activist jimmy lai after the u. S. Penalizes the citys chief executive carrie lam. 15 ,s in next digital get dip 50 only to reverse losses. The inflation debate. Investors look ahead to u. S. Ppi and cpi as global debt with subzero yields top 16 trillion. A ton of negative that out there. Bob prince tells bloomberg a pickup in inflation would be mind blowing. Frome under an hour away the start of cash equity trading in europe. Lets take a look at futures this morning. Looking at gains across European Equity indexes,. 8 of the gains you seen on the widely traded euro stoxx 50 futures, also on ftse futures. In london. Dax in frankfurt. Looking at games on the u. S. Futures picture. Tradings p minis stronger than nasdaq futures, but you still see green arrows, so it could be a risk on monday to kickoff the week. Lets get the first word news with laura wright in london. Gates billionaire bill says it is mind blowing the u. S. Has not imp