Tuesday, October 10, 2023

Harvard’s Claudia Goldin awarded Nobel Memorial Prize in Economic Sciences. Really!

So the first sole woman was awarded the Nobel Prize, because she researched women in the economy! I am afraid politics and ideological considerations were dominant in the selection of the winner in 2023.

Too bad, the committee could not find a black woman economist!

Her scholarly record is also not too impressive. Google Scholar reports that her lifetime career citation count as only 45,646 compared to e.g. Joseph E. Stiglitz at 368,578. Her highest cited paper ever titled "The race between education and technology" is cited only by 5232. Stiglitz's two highest cited papers range between 22,000 and 24,000. Her husband Lawrence Katz (Harvar U.), also an economics professor has a lifetime citation count of 102590. One could argue that economic historians have lower citation counts like her mentor and Nobel Prize winner  Robert William Fogel (lifetime count 23,044).

On 5 of her 10 most cited works, her husband was the collaborator and coauthor. (By the way, the Harvard U. article below in an earlier version mentioned that) So how much does he deserve the Nobel Prize?

Some curious and unprofessional quotes of her:
  • “I am standing here because I have students. My students are my muses. [???] My students are the individuals I depend upon [???] to listen to my ideas and to react to them.” What about other scholars?
  • "For economists, change is important — change is interesting. Therefore, men are boring [???] and women are interesting.” What a platitude!
  • "It was not that long ago that women could be fired not just for being pregnant … but being capable to be pregnant,” At that time, probably men could be fired for any reason too.
Harvard’s Claudia Goldin awarded Nobel Memorial Prize in Economic Sciences – Harvard Gazette Economist Claudia Goldin wins Nobel Prize for tracking American women’s labor participation over centuries, evolution of wage gap



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