Power Of The Drill By Claudia Goldin Summary

Great Essays
I. Introduction

Claudia Goldin is one of the world’s leading economists and economic historians. By utilising her knowledge and education in economic theory and quantitative analysis, Professor Goldin has made a series of outstanding and original contributions to the application of economic theory and quantitative methods to the study of history.
Professor Goldin graduated from Cornell University in 1967 with a BA in Economics (Magna Cum Laude) before completing her Masters in 1969 and PhD in 1972 degrees in Economics at the University of Chicago. Before moving to Harvard University (1990), where she is currently the Henry Lee Professor of Economics, Claudia Goldin was an Assistant Professor of Economics at the University of Wisconsin (1971–73) and Princeton University (1973–79); and an Associate Professor (1979–85), then Professor of Economics (1985–90) at the University of Pennsylvania. Professor Goldin has also been a member of the Institute for Advanced Study at Princeton (1982–83), a Visiting Fellow at Princeton University (1987–88) and the
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However, Goldin’s article ‘The Power of the Pill’, the introduction of oral contraceptives for women in the early 1960s had profound social and economic consequences. The article explores the connection between the increase of amount of women graduates around 1970 and the rise of marriage age after 1972 and how exactly these events were influenced by the spread of oral contraceptives. The main question of the paper was whether the birth control pill and the legislation that enabled young women to obtain it altered women’s career plans and the age at first marriage. During the research the authors found out that yes, they indeed did, increasing the overall marriage age and devoting more time to future work and career

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