Early Life and Education
Juanita Morris Kreps was born on January 11, 1921, in Lynch, Kentucky. She grew up in a working-class family and was the first person in her family to attend college. Kreps attended Berea College, where she earned a bachelor’s degree in economics in 1942. She went on to pursue graduate studies at Duke University, where she earned a master’s degree in economics in 1944 and a Ph.D. in economics in 1948.
Academic Career
After completing her Ph.D., Kreps joined the faculty at Duke University as an economics professor. She quickly rose through the ranks and became the first woman to be appointed as a full professor in the university’s economics department. Kreps’ research focused on labor economics, industrial relations, and the role of women in the workforce.
Publications
During her academic career, Kreps published several influential books and articles on economics and labor relations. Some of her notable publications include “Labor Economics: Problems in Analyzing Labor Markets” and “Sex in the Marketplace: American Women at Work.”
Political Career
In 1977, Kreps made history when she was appointed as the United States Secretary of Commerce by President Jimmy Carter. She was the first woman to hold this position and only the second woman to serve in a presidential cabinet. As Secretary of Commerce, Kreps focused on promoting international trade and expanding economic opportunities for American businesses.
Achievements as Secretary of Commerce
During her tenure as Secretary of Commerce, Kreps played a key role in negotiating trade agreements with several countries, including Japan and China. She also worked to promote small business growth and increase opportunities for minority-owned businesses.
Later Years and Legacy
After leaving office in 1979, Kreps returned to Duke University as a professor of public policy. She continued to be actively involved in promoting economic development and women’s rights until her retirement in 1991. In her later years, Kreps battled Alzheimer’s disease and passed away on July 5, 2010, in Durham, North Carolina.
Legacy
Juanita M. Kreps is remembered as a trailblazer who broke barriers for women in politics and academia. Her legacy continues to inspire future generations of women leaders and economists.
Honors and Awards
Throughout her career, Kreps received numerous honors and awards for her contributions to economics and public service. Some of her notable accolades include the Presidential Medal of Freedom and the National Women’s Hall of Fame induction.
Presidential Medal of Freedom
In 1979, President Jimmy Carter awarded Kreps with the Presidential Medal of Freedom for her outstanding contributions to promoting economic growth and international trade.
Conclusion
Juanita M. Kreps was a pioneering economist and politician who made significant contributions to both fields throughout her career. From her groundbreaking appointment as Secretary of Commerce to her influential research on labor economics, Kreps paved the way for future generations of women leaders. Her legacy continues to inspire individuals to pursue their passions and break down barriers in their respective fields.
