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The Economic Costs of #MeToo: Quantifying a Movement

Les Moonves, the longtime CBS chairman and CEO, is out as the latest #MeToo casualty in the wake of sexual assault and abuse allegations detailed by The New Yorker’s Ronan Farrow.  Harvey Weinstein, Matt Lauer, Charlie Rose, Roger Ailes, Bill O’Reilly, Louis C.K., and Kevin Spacey - also gone, but not forgotten.  As the list continues to grow, so does the outrage and price of keeping a sexual abuser on the payroll.  Just consider the astoundingly low opening receipts of Spacey’s latest film release, Billionaire Boys Club:  $126.00.  Not $126 million, or thousand, but just 126 dollars.  Less than the cost of a new pair of designer jeans. If you wondered how much Spacey (who denies the allegations) would suffer, you can now do the math.

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