The Pay Gap: Economics of Hollywood
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The Pay Gap: Economics of Hollywood
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In this solo episode of In the Waiting Room w/ Rashad Edwards, Rashad dives into an old interview with Viola Davis where she spoke out about the pay gap between herself and actresses like Meryl Streep.
Why does a performer as gifted and accomplished as Viola continue to face such disparities? Rashad unpacks the issue using insights from economist Thomas Sowell, breaking down the basic market forces that shape Hollywood pay: scarcity and demand, substitutes, and incentives.
This week’s episode is a little different — no guest, just fun commentary and straight talk about the business side of acting. Because to survive in this industry, artists need more than talent; they need to understand the economics that drive it.
🎧 Available now on Spotify, Apple Podcasts, and YouTube.