16 February 2010

Economic news

I'm sure it was the first time I've heard to a lecture given by a Nobel Prize winner.  Earlier this afternoon,  Elinor Ostrom, the first female winner of the Nobel Prize for economic sciences presented her lecture to the Indiana University campus.  Her lecture, entitled, "Beyond Markets and States: Polycentric Governance of Complex Economic Systems," was given in layman's terms, unlike the official lecture she gave in Stockholm when she was awarded the 2009 Prize.

Ostrom and her husband, Vincent, have had significant impact together on the economic field and on the IU campus, and for that, they were awarded the University Medal together by the President.  The Medal has only been awarded 10 times in University history, so it was pretty neat to see the historic event. Read more about it here.

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