Elgar original reference
Edited by Robert W. Dimand, Mary Ann Dimand and Evelyn L. Forget
(1892), ‘How Women Can Earn Money: Lecture by Miss Virginia Penny at the Cooper Union’, New York Times, 20 February, p. 8, col. 3. Other sources and references ‘Our American Sisters’ (1863), English Woman’s Journal, XI, 204–9. ‘Review of Employments of Women’, New York Times, 25 January 1863, p. 2, col. 3. ‘A Woman’s Sacriﬁce: Miss Virginia Penny’s Labors on Behalf of the Members of her Sex – What She Found Women Could Do’, Chicago (n.d.). Copies at Library of Congress, Syracuse University, Rutgers University, New York University, State University of New York at Binghampton, Columbia University, Pennsylvania State University. ‘Woman Worker in Want: Miss Virginia Penny, Who Spent a Fortune for Her Sex, In a Helpless Condition’, New York Times, 1 August 1902, p. 5, col. 3. Edith Tilton Penrose (1914–96)1 Economists responsible for new ideas and approaches are often acknowledged through eponyms; their names denote a mode of analysis or a way of looking at the world, as with ‘Walrasian equilibrium’ or ‘Keynesian demand’. It is rare for a woman’s name to be so distinguished within the discourse of economics. The ‘Penrosian ﬁrm’ is an exception. It immortalizes Edith Penrose. It might seem that Penrose is doubly honoured in that her name is associated with an institution that appears central to economic life. But ‘the ﬁrm’, while clearly the hub of economic activity in the real world, until recently was a ‘black box’ as far as economic theory was concerned. Penrose was a pioneer in...
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