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5 Economists Redefining… Everything. Oh Yes, And They’re Women — Avivah Wittenberg-Cox

Summary:
Esther Duflo, Stephanie Kelton, Mariana Mazzucato, Carlota Perez and Kate Raworth are united in one thing: their amazement at the way economics has been defined and debated to date. Their incredulity is palpable.... Like Dorothy in The Wizard of Oz, when they get a glimpse behind the curtain, they discover the machinery of power can be more bluster than substance. As newcomers to the game, they can often see this more clearly than the long-term players. Henderson cites Tom Toro’s cartoon as her mantra. A group in rags sit around a fire with the ruins of civilisation in the background. “Yes, the planet got destroyed” says a man in a disheveled suit, “but for a beautiful moment in time we created a lot of value for shareholders.”You get the same sense when you listen to the female

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Esther Duflo, Stephanie Kelton, Mariana Mazzucato, Carlota Perez and Kate Raworth are united in one thing: their amazement at the way economics has been defined and debated to date. Their incredulity is palpable....
Like Dorothy in The Wizard of Oz, when they get a glimpse behind the curtain, they discover the machinery of power can be more bluster than substance. As newcomers to the game, they can often see this more clearly than the long-term players. Henderson cites Tom Toro’s cartoon as her mantra. A group in rags sit around a fire with the ruins of civilisation in the background. “Yes, the planet got destroyed” says a man in a disheveled suit, “but for a beautiful moment in time we created a lot of value for shareholders.”

You get the same sense when you listen to the female economists throwing themselves into the still very male dominated economics field. A kind of collective ‘you’re kidding me, right? These five female economists are letting the secret out – and inviting people to flip the priorities. A growing number are listening – even the Pope (see below)....
Mention women in economics previously and likely only Joan Robinson came to mind. Now that is changing, maybe just in time.

Forbes
5 Economists Redefining… Everything. Oh Yes, And They’re Women
Avivah Wittenberg-Cox

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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