Are we currently living in a new Gilded Age embodied by the multi-billionaires of the Forbes 400, with their excesses of utopian cities and space tourism? Inclusion on The Forbes 400 list for 2021 requires net worth of at least $2.9 billion. However, these data underestimate women’s achievements, and conceal an underlying pattern of increasing entrepreneurial opportunities, socioeconomic mobility, and philanthropy by “robber baronesses.”
economics
Banking on Women
(Yet another) First Women’s Bank:- The First Women’s Bank, opened in 2021, claims to be the “nation’s first women-founded, women-owned, and women-led bank dedicated to closing the gender equity gap in access to capital.” But it is easy to demonstrate that the First Women’s Bank is far from first on each and all of these counts, and […]
Who was the First U.S. Economics Professor? Samuel Newman, of Bowdoin College
Prof. Samuel P. Newman (appointment in Political Economy, 1824-1839). Samuel Phillips Newman and Bowdoin Economics In 1824, Bowdoin was the first American College to officially introduce a faculty position dedicated to instruction in Economics (or Political Economy, as it was then known). The University of Virginia in 1826, and Brown University in 1828, followed Bowdoin, […]