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3 US-based academics awarded the Nobel Prize in economics for their work on wealth inequality

Daron Acemoglu, Simon Johnson, and James A. Robinson won the prize for their "studies of how instit…

Polly Thompson   


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Nobel Prize in Chemistry 2024 shared by David Baker, Demis Hassabis, John M Jumper for work on protein

The 2024 Nobel Prize in Chemistry recognizes David Baker for computational protein design and Demis…

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7 mins read

Angus Deaton won a Nobel Prize in economics. Now he says he got it wrong on globalization.

Angus Deaton has been an economist for over fifty years. He's still rethinking his views.

Juliana Kaplan   


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Ever wondered why women get a raw deal at work? Nobel Laureate Claudia Goldin has all the answers

Winning a Nobel Memorial prize in Economics is an extraordinary feat in itself but Claudia Goldin’s…

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Lise Meitner helped discover nuclear fission but never won a Nobel Prize for her brilliance despite 49 nominations

Lise Meitner discovered how the process of nuclear fission works but she never won a Nobel Prize an…

Adam Barnes   


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Ben Bernanke, Douglas Diamond and Philip Dybvig bag Nobel Prize for explaining the role of banks in an economy

Three US economists Ben Bernanke, Douglas Diamond and Philip Dybvig were on Monday awarded this yea…

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A Nobel-winning economist told us 3 ways a Trump presidency could make inflation worse

Inflation has slowed but is above its ideal rate. Nobel Prize-winning economist Joseph Stiglitz bro…

Madison Hoff   


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Nobel economist Paul Krugman mocks Republican candidate Vivek Ramaswamy as ignorant on economics

"Rich men in general, and tech bros in particular, are often under the delusion that they have deep…

Joseph Wilkins   


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How universal basic income would work best — and it might not be monthly cash payments, a Nobel prize winner's new research suggests

The longest-running universal basic income study suggests a lump-sum payment, rather than monthly c…

Ayelet Sheffey   


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A Nobel Prize-winning economist warned students against rushing into STEM to get AI jobs, saying they may sow their 'own seeds of self-destruction'

A Nobel Prize-winner and economics professor said workers in IT jobs that are advancing AI risk mak…

Sawdah Bhaimiya   


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Nobel Prize-winning economist Paul Krugman says fears of runaway inflation are hugely overblown - and dismisses the risk of stagflation

The economics professor and columnist highlighted Treasury-bond data showing inflation expectations…

Theron Mohamed   


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Millennials said in a survey they needed $525,000 a year to be happy. Here's what a Nobel prize winner's research says about money and happiness.

If money can really buy happiness, a study found a positive link up to at least $500,000. Here's wh…

Ayelet Sheffey   


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Former Fed boss Ben Bernanke wins Nobel Prize in economics with 2 others for their work on financial crises

Bernanke will share the prize with two other economists who have shown shown "why avoiding bank col…

George Glover   


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Economist Paul Krugman says there are 'uncomfortable parallels' between the recent crypto slump and the subprime mortgage crisis

Complex financial products being peddled to investors least equipped to handle the risks is an echo…

Isabelle Lee   


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Juliana Kaplan   


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A 2% global tax on all billionaires could raise $250 billion annually, a research report backed by a Nobel Prize-winning economist says

The EU Tax Observatory estimated that a 2% global minimum tax would raise close to $250 billion ann…

Grace Dean   


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Three US-based economists win Nobel prize for Economics

Card's studies of core questions for society and Angrist and Imbens' methodological contribu…

PTI   


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How Nobel economists spend their $1 million winnings

Nobel Prize winners won over $1 million this year. Some past laureates have used their money on eve…

Juliana Kaplan   


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Nobel Prize 2020 in Economics goes to Paul R Milgrom and Robert B Wilson

This year’s Nobel Prize in Economic Sciences has been awarded to Paul R. Milgrom and Robert B. Wils…

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Nobel prize winnings in a divorce settlement — that’s how much economist Robert E Lucas’ ex-wife believed in him

Economists are often seen as storytellers who live in the make-believe world of theory and conjectu…