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During International Women's Day Governor Brainard Used The Platform To Encourage Minority Women To Chose Economics

Remembering Dr. Sadie Alexander, the first African American to receive a Ph.D. in economics and the first woman to receive a law degree from the University of Pennsylvania, Governor Brainard, who took office as a member of the Board of Governors of the Federal Reserve System in June 2014, is encouraging black women to enter into the field of economics.

During International Women’s Day on March 8, Governor Brainard in her speech announced that the field of economics has what she called a diversity challenge.

In their article, Forbes quoted Governor Brainard stating, “There is a stubbornly persistent lack of diversity in the economics profession. Year after year, minorities and women are underrepresented in the pool of individuals awarded a doctorate in economics in the U.S. relative to their share in the broader population, and the gap is especially acute for women of color.”

Brainard explained that the field of economics is established in evidence and research. The quality of that research is improved when there's a broader spectrum of diversity and gender balance.

Roger Aitken, a Forbes author, how Halla Tómasdóttir, businesswoman and entrepreneur used the field of economics to create a language that changed business cultures for the better.

Brainard goes on to list how many have used economics to create public policies, influence the world, create intellectual frameworks. For those who already have an undergraduate degree, there are opportunities to pursue an advance degree in economics and the degree opens up a range of career options.

Just as Dr. Sadie Alexander shattered the glass ceiling, Governor Brainard hopes that more women of color will take the ranges and follow in her footsteps.

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