Elinor Ostrom

Economics is believed to be one of the unfriendliest sectors for women. This belief is strengthened by the lack of female economists at the higher echelons , as well. This is one of the main reasons why Elinor Ostrom deserves more attention.

Elinor Ostrom is the first woman to have won the Nobel Prize for Economics, ever since it was established in 1969. She specialized in the study of political economy, and new institutional economics. She was awarded the Nobel Prize in 2009, a prize she shared with Oliver E. Williamson. They got the Nobel for their work on economic governance, especially of the commons (resources that are shared by all).

Elinor Ostrom

She tackled the economic problems of limited resources and utilization of the same from a different perspective. She approached the problem of utilization of the commons as an economist, an anthropologist and an ecologist. It was this unique perspective that drew the Nobel Committee’s attention towards her.

Elinor, fondly known as “Lin” is also a cheery, perky figure who maintains her own garden and dresses in bright tops she buys from charity shops. Her achievement is spectacular, for she’s the face of female economists everywhere. However, her achievement also draws light to the fact that the field of economics still suffers from an acute lack of female representation.

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Gregory Mankiw

Every economics student would have come across Gregory Mankiw’s work at some point of time or the other. Mankiw’s knowledge of economics is rather prolific, and as a professor of introductory economics at Harvard, he has published a number of works that have helped economics students get themselves acquainted with various basic concepts of economic theory. His two textbooks- Macroeconomics and Principles of Economics are probably used in every major university all over the planet.

Gregory Mankiw

N. Greg Mankiw graduated from Princeton and MIT with a degree in economics. His specializations are many- he is one academician that has sought mastery over all fields of economics. He is also passionate about policy debates and studying economic phenomena happening in everyday life as well. His focus is on economic policy, macro and microeconomic theory, and principles of economics. His specialization, however, is in New Keynesian Economics.

What makes Greg Mankiw stand out from many of his peers is the fact that he maintains a steady online presence through his blog. He’s incredibly active on the blog, which has been incredibly popular among economists and the general populace. He comments and studies various economic phenomena around the world, and provides the readers with his interpretations and predictions as well.