Three economists were awarded the Nobel Prize Monday for their research into how the nature of institutions helps explain why some countries become rich and others remain poor.
The economics prize is formally known as the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel. The central bank established it in 1968 as a memorial to Nobel, the 19th-century ...
The beginning of his life as a Nobel laureate in chemistry had to wait until morning. He was still in his pajamas when the first journalist got him on the phone. He scolded her for asking whether he ...
The Nobel Prize is one of the most prestigious awards in the world. In his will, Alfred Nobel, a 19th-century Swedish chemist, engineer, inventor and industrialist, directed that his fortune be ...