Margaret G. Reid: Life and achievements |
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Authors: | Yun-Ae Yi |
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Institution: | Research Associate, Center for Korean Research, Columbia University, 420 West 118 Street, New York, NY 10027, USA, e-mail: yy94@columbia.edu |
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Abstract: | Feminist critics of mainstream economics, and of the neoclassical paradigm in particular, have focused primarily on exposing and questioning the gender biases and androcentric claims to neutrality, objectivity and rationality of the most male-dominated discipline among the social sciences. The scientific method and mathematical sophistry so cherished in the discipline have also come under severe attack from several quarters. However, despite the intellectual ferment and some practical gains for women that these criticisms have engendered, even today the substantial contributions several women scholars have made to the field of economics are not well known or fully acknowledged. This paper traces and highlights Margaret Reid's contributions to the development of some core theories in economics. While several of her male colleagues whose work she had inspired or contributed to have been awarded the Nobel Prize, the discipline of economics still owes a huge debt to Reid and to several other women economists. |
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Keywords: | Margaret Reid value of time household production the Permanent Income Hypothesis women economists |
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