econintersect.com
       
  

FREE NEWSLETTER: Econintersect sends a nightly newsletter highlighting news events of the day, and providing a summary of new articles posted on the website. Econintersect will not sell or pass your email address to others per our privacy policy. You can cancel this subscription at any time by selecting the unsubscribing link in the footer of each email.



posted on 21 November 2015

Historical Echoes: The Feds Ties To The Barbie Doll

from Liberty Street Economics

-- this post authored by Amy Farber

Which of the following statements is true (you may choose more than one): (a) you are more likely to get a job at the Fed if you look like a Barbie doll, (b) you are less likely to get a job at the Fed if you look like a Barbie doll, (c) the inventor of the Barbie doll sat on the Board of Directors of a Federal Reserve Bank, (d) a key cleaner/restorer of the Federal Reserve Bank of New York building has strong ties to Architect Barbie, (e) a Federal Reserve Bank has used Barbie in its economic education program.

Statements (c), (d) and (e) are true. Ruth Handler (1916-2002) was one of the founders of the Mattel toy company (1945) and the originator of the first Barbie doll (1959). Her children were named Barbara and Ken. Several sources (including a 1995 Lodi News-Sentinel article) identify her as the "first woman on the Federal Reserve Board." They're not talking about the Board of Governors of the Federal Reserve System (that wasNancy Teeters). Handler sat on the Board of Directors of the Los Angeles Branch of the Federal Reserve Bank of San Francisco (appointed by the Board of Governors) from 1971 to 1974.

Barbara Campagna, architect, has blogged extensively about the social, psychological, and political implications of Architect Barbie (in this blog post, she states that her friends and colleagues were responsible for thelaunch of Architect Barbie). Campagna was instrumental in the 1996-99 cleaning and restoration of the Federal Reserve Bank of New York's landmark building, leading the "effort to document and analyze the interior and exterior of the building, and restore its exterior and key interior spaces." About the FRBNY cleaning and restoration, she states in her blog: "Developing the specifications for cleaning the Federal Reserve Bank of New York was one of the most complex preservation projects I have completed."

In 2013, Barbara Flowers (yes, another Barbara; almost everybody's named "Barbara" in this post), economic education specialist at the Federal Reserve Bank of St. Louis, compiled a vivid lesson plan for students in grades 6 through 12 called Barbie® in the Labor Force. Here's the lesson plan in summary:

Since 1920, women have more than doubled their share of the labor force. More women are working, but has the type of work they do advanced similarly? What were the top occupations for women 20, 60, and 100 years ago, and how do those occupations compare with women's choices today? In this lesson, students use primary documents to review historical trends in women's share of the labor force and chosen occupations. Using Barbie careers as a time line, they speculate as to why Barbie represented certain careers for girls at different points in time since 1959. They choose which career Barbie might represent next year and explain that choice in a one-page essay.

The lesson plan includes many photographs of Barbie in her various occupations, intended to be cut out and glued to a timeline. It would not hurt most adults to go through this lesson plan.

That takes care of (c), (d), and (e). As for (a) and (b), we sincerely hope, whether you're a man or a woman, that they are both false.

In case you are wondering: Mattel so far has never come out with a Banker Barbie. Maybe it has something to do with the stereotypical banker's attire? The closest you may get to "Banker" might be Business Executive Barbie.

Disclaimer

The views expressed in this post are those of the author and do not necessarily reflect the position of the Federal Reserve Bank of New York or the Federal Reserve System. Any errors or omissions are the responsibility of the author.

Source

http://libertystreeteconomics.newyorkfed.org/2015/11/historical-echoes-the-feds-ties-to-the-barbie-doll.html#.VkXTMPmrSUk


About the Author

Amy Farber is a research librarian in the Federal Reserve Bank of New York's Research and Statistics Group.

>>>>> Scroll down to view and make comments <<<<<<

Click here for Historical News Post Listing










Make a Comment

Econintersect wants your comments, data and opinion on the articles posted. You can also comment using Facebook directly using he comment block below.




Econintersect Contributors


search_box

Print this page or create a PDF file of this page
Print Friendly and PDF


The growing use of ad blocking software is creating a shortfall in covering our fixed expenses. Please consider a donation to Econintersect to allow continuing output of quality and balanced financial and economic news and analysis.


Take a look at what is going on inside of Econintersect.com
Main Home
Analysis Blog
Slow Economic Growth Will Be Around For A Long Time
The Job Guarantee, Wage-Price Inflation And Alternative Solutions: Part 2
News Blog
March 2017 Texas Manufacturing Survey Continues to Expand
Wage Growth After The Great Recession
Is OPEC Losing Its Ability To Influence Oil Prices?
Many Worry That The Great Recession And Mounting Student Debt Have Stunted Millennials' Financial Development
Infographic Of The Day: Visualizing The Shifting Income Distribution Of American Jobs
Early Headlines: Asia Stocks, Dollar, Oil All Down, Gold Up, Border Wall Obstacles, US To 'Fix' Gov With Business Ideas, ACA Death Spiral, US C-I Lending Down, Merkel Election Boost, And More
Most Read Articles Last Week Ending 25 March
Funded By The Crowd
U.S. Top Source Of DDoS Attacks In Q4 2016
How Artificial Intelligence And The Robotic Revolution Will Change The Workplace Of Tomorrow
Amazon's Alexa Is A Fast Learner
What We Read Today 26 March 2017
NASA's Plan To Use A Giant Magnet To Make Mars Habitable
Investing Blog
Market And Sector Analysis 25 March 2017
Earnings: A Lot Less Than Meets The Eye
Opinion Blog
Is The 20th Century Still The 'Hayek Century'?
Yellen's Dangerous Glass-Steagall Repression
Precious Metals Blog
These Gold Stocks Will Produce Much Bigger Gains Than Gold Itself
Live Markets
27Mar2017 Pre-Market Commentary: Fasten Seat Belts As The DOW Is Set To Open Down Triple Digits, Crude Prices Slipping Along With The US Dollar, Not A Good Day On Wall Street
Amazon Books & More






.... and keep up with economic news using our dynamic economic newspapers with the largest international coverage on the internet
Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government































 navigate econintersect.com

Blogs

Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day
Weather

Newspapers

Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government
     

RSS Feeds / Social Media

Combined Econintersect Feed
Google+
Facebook
Twitter
Digg

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution

Contact

About

  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2017 Econintersect LLC - all rights reserved