Nobel Memorial Prize in Economic Sciences
The first prize in economics was awarded in 1969 to Ragnar Frisch and Jan Tinbergen "for having developed and applied dynamic models for the analysis of economic processes". In 2009, Elinor Ostrom became the first woman awarded the prize.
Jesse W. Markham
In 1968, Markham accepted George P. Baker's invitation to serve as Harvard Business School's Charles E. Wilson Professor of Business Administration. While at HBS, Markham worked alongside Paul Samuelson, the first American Nobel laureate in economics. In 1974, he served as a Commissioner on the Federal Trade Commission.