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A Nobel Prize-winning economist's view of bank runs and deposit insurance
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.
One prized Nobel effect: a bump in book sales
The award can boost sales for a little known author, and can also highlight a field of research.
Nobel Prize Economist David Card on testing Econ 101 theories in the real world
UC Berkeley Economist David Card reflects on his now Nobel Prize winning research.
Toni Morrison's impact on the publishing industry
The celebrated author worked to make the American publishing industry more inclusive.
Why economist Joseph Stiglitz is advocating for "progressive capitalism"
Stiglitz discusses the themes and recommendations contained in his latest book: People, Power, and Profits: Progressive Capitalism for an Age of Discontent.
Nobel winner Nordhaus changed terms of climate debate
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 […]
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.
Nobel laureate Richard Thaler is "like the boy pointing out the emperor is wearing no clothes"
Previous Nobel winner Robert Shiller talks about Thaler's intolerance of bad economic research and why psychology is so important.
The Nobel Committee can't find Bob Dylan
They're trying to give him the Nobel prize for literature — but he's blowin' in the wind (sorry).
A Nobel prize for economic theory you can understand
Contract theory is all about putting incentives in the right place