In 2010, Christopher Pissarides shared the Nobel Prize in Economics with Peter A. Diamond and Dale Mortensen for their analysis of markets with search frictions.
Tag: London School of Economics
Friedrich August Von Hayek
In his Nobel Prize speech, Friedrich Hayek asserted that, “… I must confess that if I had been consulted whether to establish a Nobel Prize in economics, I should have decidedly advised against it. It is that the Nobel Prize confers on an individual an authority which in economics no man ought to possess.”