Oliver Williamson and Elinor Ostrom won the Nobel Prize in Economics for 2009 on Monday, as reported in the New York Times.

The work of Williamson and Ostrom takes a more personal approach to economics, focusing less on theories and more on how individuals interact in “business-like” settings.

Ostrom became the first woman to win the award in economics since its inception in 1968.

Some on Twitter reacted positively to the award’s first woman recipient:

1. 
   tomtomhungry (San Francisco) Woo to Elinor Ostrom on being the first woman to win the nobel prize in economics. Her work in management of common resources is very worthy 12 Oct 2009 from Tweetie
2. 
   rbaileyp (Jacksonville, FL)Congrats to the 1st woman ever to wing the Nobel Peace Prize in Economics! 13 Oct 2009 from web
3. 
   enbarham (Bloomington, IN)Congrats to Elinor Ostrom, an IU faculty member, first female to win Nobel Prize for Economics. 13 Oct 2009 from txt
4. 
   jeiemji (South Korea) so maybe it isn’t such a curse to be a woman: first woman wins nobel prize in economics. 13 Oct 2009 from Scalaris

Others took the opportunity to comment on the current economy and the work of President Barack Obama, perhaps with a flare of sarcasm:

1. 
   timforston (Charleston, SC) i can’t believe obama didn’t win the nobel prize for economics 12 Oct 2009 from web
2. 
   roehlstation (Sharonville, OH) Anyone notice that the Nobel Prize in Economics did NOT go to President Obama? 13 Oct 2009 from Twitterrific
3. 
   brwhite76 (Undisclosed) Barack should have one the Nobel for Economics since he is such a wiz with our own economy. 13 Oct 2009 from web
   

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