Economics and Diversity

Economists are an amazingly diverse bunch –

https://academicinfluence.com/rankings/people/women-scholars/economics

Let’s look at a few:

Mary Marshall

Mary Marshall – summary from wiki below, with link following

In 1875 she was a 25-year-old economics lecturer at Newnham College. She was stylish and known for wearing clothes made from the fashionable prints designed by the Pre-Raphaelites.

In 1876, she became engaged to Alfred Marshall who had been her economics tutor, and was at that time a strong supporter of higher education for women. Mary and Alfred wrote The Economics of Industry together, published in 1879. She taught at Newnham and Girton until 1916 and the university did not recognise its own would-be women graduates, with a formal degree, until over 30 years after she retired.

Mary was a friend of Newnham’s principal Eleanor Sidgwick. In 1890 Marshall became a member of the Ladies Dining Society several of whom were associated with Newnham College. The society was started by Louise Creighton and Kathleen Lyttelton; other members of the society included Eleanor Sidgwick, the classicist Margaret Verrall, Newnham lecturers Mary Ward and Ellen Wordsworth Darwin, the mental health campaigner Ida Darwin, Baroness Eliza von Hügel, and the US socialites Caroline Jebb and Maud Darwin.  She had close links with women working in charity, encouraging Eglantyne Jebb (Caroline Jebb’s niece by marriage) to enter this field as an assistant to her friend Florence KeynesEglantyne later went on to found Save the Children.

According to James and Julianne Cicarelli, who wrote a book entitled Distinguished Women Economists, she was listed by John Maynard Keynes in his Essays on Biography

After her husband died in 1924, Mary became Honorary Librarian of the Marshall Library of Economics at Cambridge, to which she donated her husband’s collection of articles and books on economics. She worked there as a librarian for twenty years until her doctors ordered her to stop, which she did reluctantly.  She continued to live in Balliol Croft until her death on 19 March 1944 at the age of 93.  Her ashes were scattered in the garden.

Wiki link

Dambisa Moyo

  • Dr. Dambisa Moyo is a pre-eminent thinker, who influences key decision-makers in strategic investment and public policy.
  • She is respected for her unique perspectives, her balance of contrarian thinking with measured judgment, and her ability to turn economic insight into investible ideas.

https://dambisamoyo.com/about/

 

Ngozi Okonjo-Iweala

Ngozi is a Nigerian economist, who has been serving as the Director-General of the World Trade Organization since March 2021. Notably, she is the first woman and first African to lead the World Trade Organization as Director-General.  She sits on boards of: DanoneStandard Chartered Bank, MINDS: Mandela Institute for Development StudiesCarnegie Endowment for International PeaceGeorgetown Institute for Women, Peace and SecurityOne Campaign, GAVI: Global Alliance for Vaccines and ImmunizationRockefeller Foundation, R4D: Results for Development, ARC: African Risk Capacity and Earthshot Prize plus others.  She also previously sat on the Twitter Board of Directors, and stepped down in February, 2021 in connection with her appointment as Director General of the World Trade Organization.

https://en.wikipedia.org/wiki/Ngozi_Okonjo-Iweala

Joan Robinson

She studied economics at Girton CollegeCambridge, and immediately after graduation in 1925, she married the economist Austin Robinson. In 1937, she became a lecturer in economics at the University of Cambridge. She joined the British Academy in 1958 and was elected a fellow of Newnham College in 1962.  In 1965 she assumed the position of full professor and fellow of Girton College.  In 1979, just four years before she died, she became the first female honorary fellow of King’s College.

As a member of “the Cambridge School” of economics, Robinson contributed to the support and exposition of Keynes’ General Theory, writing especially on its employment implications in 1936 and 1937 (it attempted to explain employment dynamics in the midst of the Great Depression).

Joan Robinson in the 1920s

In 1933, her book The Economics of Imperfect Competition, Robinson coined the term “monopsony,” which is used to describe the buyer converse of a seller monopoly. Monopsony is commonly applied to buyers of labour, where the employer has wage setting power that allows it to exercise Pigouvian exploitation and pay workers less than their marginal productivity. Robinson used monopsony to describe the wage gap between women and men workers of equal productivity.

https://en.wikipedia.org/wiki/Joan_Robinson