On February 1, Janet Yellen made "Her Story" when she became the Chair of the Federal Reserve Bank, the first female to hold that position. Many firsts for women in the financial services industry preceded Yellen's appointment.
I have never shied away from being a staunch believer in capitalism as an economic system. Not that capitalism is perfect. It is far from it, as evidenced by a myriad of environmental catastrophes, social ills and corrupt behavior.
The world lost a great human being in the passing of Elinor Ostrom. I was privileged to work with her during the last few years to integrate the body of her work, which originated within the field of political science, with evolutionary theory.
Of the 211 statues in our nation's Capitol, only 11 are of female leaders. This is not because great women didn't exist. It is simply the case that we can do a great deal better in telling the whole story.
The ability to generate a large body of work on matters whose importance are shrouded in mystery is a key attribute of all world-class economists, and Nobel laureates Ostrom and Williamson are in the vanguard.