October 16, 2019
Here are two interesting tidbits relating to the role of women in the economic world:
For one, MIT economics professor Esther Duflo, one of this year’s three winners of the Nobel prize for economics (formally “The Nobel Memorial Prize in Economic Sciences”), is only the second woman to win the prize since its inception in 1969 (and the youngest recipient at the age of 46). Duflo was awarded the prize, along with her husband Abhijit Banerjee and Harvard University professor Michael Kremer, for their work on effective investments for fighting poverty in India and Africa. Duflo said she hoped her win would inspire many other women to continue working “and many other men to give them the respect that they deserve like every single human being.”
Meanwhile, this Wall Street Journal report tells us that, according to the American Trucking Associations, the number of women in the trucking industry has grown by 68 percent between 2010 and 2018. While women represent only 6.6 percent of the industry’s total workforce, there is no gender distinction when it comes to pay. Other reasons for the increase in female truckers include continued growth in e-commerce as well as a tight labor market.
And in last night’s Democratic Presidential candidates’ debate, four of the twelve candidates on the stage were women (and three are U.S. Senators).
There are currently 25 women in the U.S. Senate. As recently as 1978, there were none.