Beacon Press: The Economic Case for LGBT Equality
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The Economic Case for LGBT Equality

Why Fair and Equal Treatment Benefits Us All

Author: M. V. Lee Badgett

An economist demonstrates how LGBT equality and inclusion within organizations increases their bottom line and allows for countries’ economies to flourish

We know that homophobia harms LGBT individuals in many ways, but economist M. V. Lee Badgett argues that in addition to moral and human rights reasons for equality, we can now also make a financial argument. Finding that homophobia and transphobia cost 1% or more of a country’s GDP, Badgett expertly uses recent research and statistics to analyze how these hostile practices and environments affect both the US and global economies.

LGBT equality remains a persistent and pertinent issue. The continued passing of discriminatory laws, people being fired from jobs for their sexual orientation and/or gender identity, harassment and bullying in school, violence and hate crimes on the streets, exclusion from intolerant families, and health effects of stigma all make it incredibly difficult to live a good life. Examining the consequences of anti-LGBT practices across multiple countries, including the US, Canada, the UK, Australia, India and the Philippines, Badgett reveals the expensive repercussions of hate and discrimination, and how our economy loses when we miss out on the full benefit of LGBT people’s potential contributions.
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“The denial of LGBT equality is morally wrong. Lee Badgett’s superbly researched book also shows the immense economic losses that result from this inhumanity. Eye-opening in its global scope, The Economic Case for LGBT Equality is a must-read for all business leaders and policymakers.”
—Janet Yellen, Distinguished Fellow, Brookings Institution

“Lee Badgett is the premier economist working on LGBT issues today—and perhaps ever. In this tough-minded, far-ranging, and accessible volume, she crisply articulates the benefits of LGBT inclusion across multiple domains, including education, employment, and health. Along the way, she illuminates why advocates of LGBT rights should embrace economic arguments, which support rather than supplant their moral claims.”
—Kenji Yoshino, Chief Justice Earl Warren Professor of Constitutional Law, New York University School of Law

“One of the world’s leading authorities on the economics of the LGBT experience, Lee Badgett articulates the importance of granting LGBT community members full and equal participation in basic economic, education, health, social, and political settings. This well-written and impactful resource offers business leaders an in-depth analysis on the significance of driving LGBT inclusion in the workplace and marketplace.”
—Tony Tenicela, Global Leader, Marketplace Diversity and Workforce Engagement Services, IBM

“I wish people would support LGBTIQ rights because it is the moral and just thing to do, but if not, The Economic Case for LGBT Equality provides the evidence to confirm what many of us know firsthand: homophobia, transphobia, and patriarchy not only keep LGBTIQ people in poverty or compensated less compared with their straight or cisgender counterparts, but they also cause entire nations to lose. When LGBTIQ people can’t bring their full selves into the workforce, creativity is stifled and opportunity lost. No employer can afford to lose talent, no nation can afford to lose revenue, and no person should be marginalized economically because of their sexual orientation, gender identity, or gender expression. This book has the potential to persuade even the most ambivalent that LGBTIQ rights matter for everyone, and every person with power should read it.”
—Jessica Stern, executive director, OutRight Action International


The Economic Case for LGBT Equality

ISBN: 978-080703560-3
Publication Date: 5/19/2020
Size:5.5 x 8.5 Inches (US)
Price:  $26.95
Format: Cloth
Not Yet Published
Will Ship On: May 2020
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