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 Nobel memorial prize in economics has been awarded to three economists who have studied why some countries are rich and others poor and have documented that freer, open societies are more likely ...
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.
Research into inequality has featured strongly in recent awards. Last year, Harvard economic historian Claudia Goldin won the prize for her work highlighting the causes of wage and labour market ...