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A Nobel Prize-winning economist's view of bank runs and deposit insurance

Oct 19, 2022
Professor Philip Dybvig, co-winner of this year's Nobel Prize in Economic Sciences, co-authored a seminal paper on how deposit insurance can help prevent financial crises.
Philip Dybvig jointly won the 2022 Nobel Prize in Economic Sciences for his research on bank runs, deposit insurance, and financial regulation.
Courtesy Washington University in St. Louis

One prized Nobel effect: a bump in book sales

Oct 6, 2022
The award can boost sales for a little known author, and can also highlight a field of research.
French writer Annie Ernaux, seen here in Mexico, was awarded the Nobel Prize for literature today.
Ulises Ruiz/AFP via Getty Images

Nobel Prize Economist David Card on testing Econ 101 theories in the real world

Oct 12, 2021
UC Berkeley Economist David Card reflects on his now Nobel Prize winning research.
David Card won the 2021 Nobel Memorial Prize in Economic Sciences for his work in developing research tools that help economists to use real-life situations to test big theories.
UC Berkeley via Getty Images

Toni Morrison's impact on the publishing industry

Aug 6, 2019
The celebrated author worked to make the American publishing industry more inclusive.
Toni Morrison poses with her 1977 novel entitled "Song of Solomon" in 2012 during the 10th America Festival in Paris, France.
Patrick Kovarik/AFP/GettyImage

Why economist Joseph Stiglitz is advocating for "progressive capitalism"

May 30, 2019
Stiglitz discusses the themes and recommendations contained in his latest book: People, Power, and Profits: Progressive Capitalism for an Age of Discontent.
Nobel prize-winning US economist Joseph Stiglitz listens during the opening session of the 6th edition of the "Entretiens du Tresor" seminar at the Economy Ministry in Paris on January 31, 2017.

Nobel winner Nordhaus changed terms of climate debate

Oct 8, 2018
There’s a new report out on climate change science and it’s bleak. The Intergovernmental Panel on Climate Change, made up of thousands of scientists, finds the earth’s temperature has risen 1 degree Celsius — or 1.8 degrees Fahrenheit — since pre-industrial times. And if we don’t keep warming under 2 degrees? Well, the oceans could rise an […]
Yale Professor William Nordhaus speaks during a press conference after winning the 2018 Nobel Prize in Economic Sciences at Yale University on Oct. 8, 2018 in New Haven, Connecticut.
Eduardo Munoz Alvarez/Getty Images

Two Americans won the Nobel Prize in economics. Who are they?

The work of William Nordhaus focused on climate change, while Paul Romer examined tech factors in calculating economic growth.
Per Stroemberg, Goeran K Hansson and Per Krusell announce the laureates of the Nobel Prize in Economics during a press conference at The Royal Swedish Academy of Sciences in Stockholm on October 8, 2018. - The Nobel Prize for Economic sciences 2018 was awarded US economists Paul M Romer and William D Nordhaus. 

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Nobel laureate Richard Thaler is "like the boy pointing out the emperor is wearing no clothes"

Oct 9, 2017
Previous Nobel winner Robert Shiller talks about Thaler's intolerance of bad economic research and why psychology is so important.
University of Chicago Professor Richard Thaler arrives at his office after learning he had been awarded the Nobel prize in economics.
Scott Olson/Getty Images

The Nobel Committee can't find Bob Dylan

Oct 17, 2016
They're trying to give him the Nobel prize for literature — but he's blowin' in the wind (sorry).
Bob Dylan performs onstage during Desert Trip at the Empire Polo Field on October 7, 2016 in Indio, California.

Photo by Frazer Harrison/Getty Images

A Nobel prize for economic theory you can understand

Oct 10, 2016
Contract theory is all about putting incentives in the right place
IT Professor Bengt Holmstrom during a press conference at MIT announcing his shared Nobel Prize in Economics with Harvard Professor Oliver Hart on October 10, 2016 in Cambridge, Massachusetts. Holmstrom and Hart won the prize for their work on contract theory. 
Scott Eisen/Getty Images

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