Americans Hall and Woodford win 2026 Nobel economics prize

October 12, 2026 3:48 PM

Americans Hall and Woodford win 2026 Nobel economics prize

Americans Robert Hall and Michael Woodford won the 2026 Nobel economics prize for "for microeconomic foundations of macroeconomic stabilisation", the Royal Swedish Academy of Sciences said on Monday. The prestigious award, formally known as the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, is the final prize to be given out this year and is worth 12 million Swedish crowns ($1.2 million). The economics prize, first awarded in 1969, is not one of the original five award...

Nobel economics prize goes to inequality researchers

October 14, 2024 5:04 PM

Nobel economics prize goes to inequality researchers

Three U.S.-based academics won the 2024 Nobel Economics Prize on Monday for their research into why global inequality persists, especially in countries dogged by corruption and dictatorship. Simon Johnson and James Robinson, both British-American, and Turkish-American Daron Acemoglu were commended for their work on "how institutions are formed and affect prosperity", the Royal Swedish Academy of Sciences said. "Reducing the vast differences in income between countries is one of our time's grea...