U.S. prof 1st woman to win Nobel economics prize


	U.S. prof 1st woman to win Nobel economics prize

Socratoad

10-12-2009 1:26 PM

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Socratoad says:

Issues of governance have been at the heart of the ongoing world economic crisis. The failure by boards of directors, for instance, to police excessive compensation, or prevent bonuses that reward excessive risk taking, can be considered a corporate governance issue.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/b0cb55be-684a-4123-8a25-db2cf28ff5ec/857207A6-51D3-4881-9275-7D139F0A3EEA/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.cbc.ca/world/story/2009/10/12/nobel-prize-economics012.html" href="http://www.cbc.ca/world/story/2009/10/12/nobel-prize-economics012.html" style="font-size: 11px;">www.cbc.ca</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.cbc.ca/world/story/2009/10/12/nobel-prize-economics012.html"><P>Americans Elinor Ostrom and Oliver Williamson won the Nobel economics prize on Monday for their analyses of economic governance — the rules by which people exercise authority in companies and economic systems.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.cbc.ca/world/story/2009/10/12/nobel-prize-economics012.html"><div align="center"><img src="http://content8.clipmarks.com/blog_cache/www.cbc.ca/img/F96003F2-2719-4F46-8BDF-6AF17D89F645" alt="Indiana University economist Elinor Ostrom is the first woman to win Nobel Memorial Prize in Economic Science since it was founded in 1968." /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.cbc.ca/world/story/2009/10/12/nobel-prize-economics012.html"><EM>Indiana University economist Elinor Ostrom is the first woman to win Nobel Memorial Prize in Economic Science since it was founded in 1968.</EM></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.cbc.ca/world/story/2009/10/12/nobel-prize-economics012.html"><P>It was also an exceptionally strong year for the United States, with 11 American citizens — some of them with dual nationality — among the 13 Nobel winners, including President Barack Obama, who won the Nobel Peace Prize on Friday.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.cbc.ca/world/story/2009/10/12/nobel-prize-economics012.html"><P>In Stockholm, the academy said over the last three decades, the work done by Ostrom and Williamson had "advanced economic governance research from the fringe to the forefront of scientific attention." It said their research showed that economic analysis can shed light on most forms of social organization.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/857207A6-51D3-4881-9275-7D139F0A3EEA/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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