In October 2009, the Royal Swedish Academy of Sciences announced that it had awarded the Nobel Prize for Economic Sciences to Indiana University professor Elinor Ostrom. Ostrom, who passed away in 2012 at age 78, is the first and only woman so far to receive the Nobel in economics.

Ten years later, Ostrom's legacy will have a permanent place on the Bloomington campus where she conducted so much of her pathbreaking scholarship and influenced so many students and colleagues.

As part of the yearlong IU Bicentennial celebration, a historical marker to honor Elinor Ostrom is placed outside Woodburn Hall, the home of IU Bloomington's Department of Political Science, where Ostrom taught for many years and where her office was housed.

Modeled after the state of Indiana's historical marker program and many successful municipal programs, IU's Historical Marker Program notes significant people, places, events and organizations that have had an extraordinary impact on the university, state, nation and world. Ostrom's marker will be the first of the new markers placed at IU Bloomington.