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Economic Science, 1981-1990: The Sveriges Riksband (Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel Nobel Lectures)

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  1. 2. A Beautiful Mind: A Biography of John Forbes Nash, Jr., Winner of the Nobel Prize in Economics, 1994
  2. 3. Economic Sciences, 1969-1980: The Sveriges Riksbank (Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel)

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Nobel Prize in economics



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+Vote!

Research Resources: The Economists' Voice

If you are looking for serious economics analysis about public policy and current issues, try The Economists' Voice. Edited by Aaron Edlin and Joseph Stiglitz , recipient of the 2001 Nobel Prize for Economics, together with Jonathan Carmel, J. Bradford DeLong and Jeffrey Zwiebel , The Economists' Voice offers access to full text ( PDF ) articles on a broad range of policy issues. To access The Economists'...

3Vote!

Elinor Ostrom has transformed economics.

I was amazed to find that Elinor Ostrom, a 76-year-old professor, had won the Nobel Prize for economics. While everyone else seemed to be asking: "Elinor who?" I was celebrating the fact that my favourite political economist had picked up the award. Ostrom - Lin to her friends apparently - shares the prize with Professor Oliver Williamson. While Williamson is not a radical thinker and uses...

+Vote!

The Tragedy of the Commons not so tragic after all.

Elinor Ostrom became the first woman to win the Nobel in Economics earlier this week. Her work refuting the “Tragedy of the Commons” validates basic anarchist and Left Libertarian principles. For those of us trying to look beyond the magic of the market and the inherent problems with government regulation her work provides some great [...]

3Vote!

Obama’s urgent challenge: jobs now

The President inherited several messes from George Bush, not the least of which has been the war in Afghanistan and, closer to home, what he termed in October 2008 during a Toledo campaign speech ”an immediate economic crisis.” While Obama’s rhetoric has been compelling on both subjects he’s developed an unfortunate reputation, at least in terms of the economy, as being too...

7Vote!

When Financial Chickens come home to roost

Takuan Seiyo has a long rant . [...] The Nobel-laureate in economics Gary Becker linked the financial travails of Argentina in the mid-1990s to government spending at more than 30% of GDP. The Swiss economist Peter Bernholz has linked hyperinflation triggers to government deficits exceeding 40% of expenditures. But government spending in Obamerica is 45% of GDP , and its deficit stands at 43.3% . Peronism...

4Vote!

The Federal Reserve and the Federal Government are the Problem Not the Solution

Front Page Magazine : "How about a bit of history? Between 1787 and 1930, our nation has seen both mild and severe economic downturns, sometimes called Panics, that have ranged from one to seven years. During that interval, there was no thought that Congress or the president should intervene in the economy to enact stimulus packages, jobs programs or massive corporate handouts. Probably, the...

5Vote!

Obama's Unemployment Rate Hits 10.2 %

It was vitally important to pass the Obama Stimupork bill, spending untold trillions of dollars that we do not have, in order to avoid an unemployment rate of 8.5 percent. This is what The Corrupt Obama Crime Regime told us. Wow, what a milestone! What an achievement. Pat your self on the back, Dear Leader His Excellency the Affirmative Action Prednint Barack Hussein Obama... for the U.S. unemployment...

5Vote!

Nobel Laureate: New Normal In Joblessness Ahead

In an interview with Bloomberg prior to the release of key unemployment data, Nobel Laureate Edmund Phelps discussed what he sees as the “new normal” for the U.S. economy. His view is that the U.S. should prepare for times of greater than normal average unemployment, and the economy as a whole has less ability or urge to innovate, something he termed dynamism. [More...]

3Vote!

Edmund Phelps: US Economy "Upturn Is Coming Pretty Quick"

By guruek. Edmund Phelps, professor of economics at Columbia University and winner of the 2006 Nobel Prize in economics, talks with Bloomberg's about the outlook for the U.S. economy. Phelps says an economic upturn is coming pretty quick but that the recovery will run out of gas with unemployment at 6 percent to 7.5 percent. Read more » »

3Vote!

A Nobel in our midst

Elinor Ostrom, who won the Nobel Prize in Economics, is a partner with the Lincoln Institute of Land Policy on common property and property rights.

11Vote!

CNN's Romans: Unemployment Benefits Extension 'Would Not Come Out of Your Pocket and My Pocket'

On her segment of CNN Newsroom this morning, anchor Heidi Collins asked business correspondent Christine Romans about Senate action on extending yet again unemployment benefits: CHRISTINE ROMANS, CNN BUSINESS CORRESPONDENT: You're right. And Heidi, all of those things that you mentioned are incredibly important to your money and all of them could affect you very, very near-term here. This extension...

3Vote!

For a real fiscal stimulus, let's invade Europe!

Here is Nobel Laureate Paul Krugman on how to bring a major recession to an end : It took the giant public works project known as World War II — a project that finally silenced the penny pinchers — to bring the Depression to an end. The lesson from FDR's limited success on the employment front, then, is that you have to be really bold in your job-creation plans. Basically, businesses and...

4Vote!

Is It Time to End the IMF and WTO?

This year's Nobel Prize for Economics was co-won by Elinor Ostrom for her work showing that local solutions often work better than government regulation for solving problems as diverse as preventing over-fishing, conserving rainforests, and policing cities. Perhaps it is...

3Vote!

Missing the SuperFreaking Point (and Ignoring the Business Case for Green)

Stephen Dubner and Steven Levitt's SuperFreakonomics has certainly gotten a lot of people worked up in short order. The point of contention is a chapter about global warming which makes the case that Al Gore and others are too worried about the climate problem because the only way to solve it is to convince people to "put aside their self interest and do the right thing even if it's personally...

3Vote!

Why Armen Alchian should win theNobel Prize

A posting for Brad Taylor . Fred S. McChesney makes the case as to why Armen Alchian should win the Nobel Prize in economics in this article: Armen Alchian: An Economist-Lion in Winter .