Claudia Goldin is a trailblazing economist whose most influential papers have concerned the history of women in their quest for career and family, coeducation in higher studies, the impact of birth control pills on career and marriage decisions, surnames after marriage as a social indicator, and why women now comprise the majority of undergraduates. This well-deserved Nobel award merits commendation.
While Goldin's award deserves maximum recognition, it must be asked: why have so few women been awarded the Nobel Prize in Economics, given that women make up half of humanity? The Nobel Prize is an outdated mode of scientific recognition that was historically — and remains — biased towards men and those working in the Western world. It's time the Nobel is replaced entirely with an award that incentivizes cooperation and eliminates the bias against women.