Inflation makes women unhappy
I saw this news story and I thought what a bizarre thought. That inflation affects the sexes (or genders if you prefer) differently. What? Why?
Because of my extreme economic geekness I’m well aware that inflation affects people differently, dependent upon their position. Debtors love it for example, as it reduces the real value of their debt. Creditors hate it for the same reason, as do those living on fixed incomes or interest.
But men and women differently affectd by inflation? What was this I thought?
But according to a recent survey from Australian Unity, while many households are at breaking point, women are hurting more than men.
The study’s author, Professor Bob Cummins of Deakin University, says men still regard themselves as breadwinners, with women becoming increasingly stressed as they manage the purse strings.
“Females are the frontline purchasers for most households. They’re actually the people who know the price of a loaf of bread,” he said.
“But many females who actually do the shopping on a regular basis would know those prices and would be aware of the fact that when they go to the supermarket on a regular basis now, they’re finding that the money that they take there just doesn’t buy them the goods that it used to.”
Professor Cummins says this makes women more in touch with the tangible effects of inflation.
Ah, OK, that does in fact make sense. (Maybe I didn’t get it at first because I, the male, do the shopping in our household.)
It’s absolutely nothing to do with sex at all. Nothing to do with anything innate in men and women. It’s purely because of the socially assigned roles (gender again, if you like) that means that women see inflation more than men do and thus are more upset by it.
Not as bizarre as I had at first thought.

September 1st, 2008 at 9:06 pm
Great! It’s always nice to see you acknowledge that some male vs. female traits are society’s influence, and not some inborn thing that completely and utterly separates every thought.
But this story taps into a source of irritation for me. So many women in (live-in) relationships do most of the shopping, most of the housework, most of the childcare, AND bring home their half or near-half of the income. This BBC article, http://news.bbc.co.uk/2/hi/business/6382429.stm, talks about this. When living alone, says the article, “if you haven’t cleaned the bath, then the chance of someone else unexpectedly doing so is close to nil. But if you assume that moving in with a loved one will improve this, then think again - especially if you are female.” The article shows that single women do less housework than those living with a guy. And, surprise, surprise, “the men, on the other hand, see the hours they commit to housework decline once they begin living as a couple.”
The difference for women = 5 hours more housework a week (from 10 hours to 15 hours)! For employed women!
(I emailed this story to a certain guy who is presently snoring next to me.)