Category: Awards and Honors

Nobel Prize Laureates in Economic Sciences

Nobel Prize Laureates in Economic Sciences

Nobel Prize Laureates in Economics Back to Econowmics.com Number of Prizes in Economic Sciences Number of Laureates in Economic Sciences Average age of Laureates in Economic Sciences 2017 Richard Thaler for his contributions to behavioral economics 2016 Oliver Hart Bengt Holmström for their contributions to contract theory 2015 Angus Deaton for his analysis of consumption, poverty, and welfare 2014 Jean Tirole for his analysis of market power and regulation 2013   Eugene F. Fama Lars Peter Hansen Robert J. Shiller for their empirical analysis of asset prices 2012 Alvin E. Roth Lloyd S. Shapley for the theory of stable allocations...

Nobel Prize in Economic Sciences

  “The merchant of death is dead” was the headline of a French newspaper which mistakenly reported Alfred Nobel’s death while actually it was his brother’s death. Disappointed of such a legacy, Nobel tried to change this situation. Therefore, in his final will, he devoted 94% of his great fortune to be invested in a fund so that, from its interest, a prize can be created in five fields: chemistry, literature, physics, physiology/medicine and peace. The prize was set to be given to those who, “during the preceding year, shall have conferred the greatest benefit on mankind”. Well, wish I...

Milton Friedman Prize for Advancing Liberty

Since 2002, the Milton Friedman Prize for Advancing Liberty is a $250,000 prize that is given by Cato Institute every two years to individuals who have contributed to the human freedom. The prize is named after Milton Friedman, Nobel Prize Laureate, who is one of the most famous figures in the history of human fight for liberty and freedom. According to the website of the Cato Institute, Milton Friedman agreed to lend his name to the prize in 2001. Moreover, as the Cato Institute website further explains, Friedman has said in a statement: “Those of us who were fortunate enough...