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Nobel Lectures in Economic Sciences 1969-80 (Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel)

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  1. 2. A Beautiful Mind: A Biography of John Forbes Nash, Jr., Winner of the Nobel Prize in Economics, 1994
  2. 3. A Beautiful Mind: A Biography of John Forbes Nash, Jr., Winner of the Nobel Prize in Economics, 1994

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Nobel Prize in economics



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3Vote!

Edmund Phelps: US Economy "Upturn Is Coming Pretty Quick"

By guruek. Edmund Phelps, professor of economics at Columbia University and winner of the 2006 Nobel Prize in economics, talks with Bloomberg's about the outlook for the U.S. economy. Phelps says an economic upturn is coming pretty quick but that the recovery will run out of gas with unemployment at 6 percent to 7.5 percent. Read more » »

4Vote!

A Nobel in our midst

Elinor Ostrom, who won the Nobel Prize in Economics, is a partner with the Lincoln Institute of Land Policy on common property and property rights.

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Is It Time to End the IMF and WTO?

This year's Nobel Prize for Economics was co-won by Elinor Ostrom for her work showing that local solutions often work better than government regulation for solving problems as diverse as preventing over-fishing, conserving rainforests, and policing cities. Perhaps it is...

3Vote!

Why Armen Alchian should win theNobel Prize

A posting for Brad Taylor . Fred S. McChesney makes the case as to why Armen Alchian should win the Nobel Prize in economics in this article: Armen Alchian: An Economist-Lion in Winter .

3Vote!

Armen Alchian, by David Henderson

In this month's Featured Article , Fred McChesney pays tribute to the work of Armen Alchian and makes the case that he deserves the Nobel prize in economics. I already knew most of what McChesney writes because, after all, I studied under Armen at UCLA. But one thing I hadn't known until Fred wrote it was that Armen did an event study in the early 1950s, well before the financial economists started...

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A GREAT audio Presentation From Nobel Laureate, Professor Milton Friedman (from 1978).....

This is a GREAT audio presentation by the great (Nobel Prize Winner in Economics) Milton Friedman from 1978. Here Professor Friedman talks about how Capitalism's open economy benefits disparaged and dispossessed groups like the Jews the most. Ironically enough, Dr. Friedman wryly notes that, "While no group on earth has benefitted from Capitalism more than the Jews, no group has done so much to...

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Nobel Prize Winning Economist: Bonuses Didn't Cause Our Crisis

The campaign to crack down on Wall Street bonuses was dealt a serious intellectual blow today when the winner of the 2006 Nobel prize in economics described attempts to blame misaligned compensation incentives for the financial crisis as "the most profound fallacy." Edmund Phelps wrote a piece critical of neoclassical and Keynesian responses to the financial crisis for the Financial Times...

5Vote!

Jay Walljasper: The Victory of the Commons

The Victory of the Commons: Nobel Prize-winning economist Elinor Ostrom proved that people can—and do—work together to manage commonly-held resources without degrading them. by Jay Walljasper Yes! The biggest roadblock standing in the way of many people's recognition of the importance of the commons came tumbling down when Indiana University professor Elinor Ostrom won the Nobel Prize for...

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Soros to Vanquish Whatever Market Fundamentalists He Can Still Find

George Soros, a man who in the 1990s probably showered more money on free market economists throughout the countries of post-communist Europe than any living human being, is now launching "a $50 million effort to purge economics of its free-market zeal," according to Newsweek 's GQ esque Michael Hirsh . The skinny: This week Soros is gathering some of the leading practitioners of the market-skeptic...

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the victory of the commons

Yesmagazine | The biggest roadblock standing in the way of many people’s recognition of the importance of the commons came tumbling down when Indiana University professor Elinor Ostrom won the Nobel Prize for Economics. Over many decades, Ostrom has documented how various communities manage common resources – grazing lands, forests, irrigation waters, fisheries— equitably and sustainably...

3Vote!

Marx and Lenin Revisited

by Paul Craig Roberts vdare.com (October 05 2009) "Capital is dead labor, which, vampire-like, lives only by sucking living labor, and lives the more, the more labor it sucks" . - Karl Marx {1} If Karl Marx and V I Lenin were alive today, they would be leading contenders for the Nobel Prize in economics. Marx predicted the growing misery of working people, and Lenin foresaw the subordination...

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Nobel Prize winner won for… validating Anarchist economics?

Unlike Barrack Obama, who won the Nobel Peace Prize for being a warmonger (like most winners of the Nobel Peace Prize), there’s one winner who actually won for a good cause. Infoshop reports that Elinor Ostrom, co-recipient of the Nobel Prize in Economics, won for her work in the analysis of commons and how [...]

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Bankers' bonuses. Money is not the only motivating force

How astonishingly sad that Heather McGregor (" The Great Banking Debate "), when discussing the necessity for incentive pay, needs to ask: "How else are you going to change behaviour?" Has she never considered the alternative idea that when human and humane behaviour is based on self-motivation rather than reward-motivation, on nourishment and enrichment of the soul, on creating...

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The economic rationale for ‘collaborative goods’: complementing Ostrom

Mark Cooper could easily have been the third leg of the stool of the recent Nobel Prize for economics, which rewarded research into the economic rationale of non-market modes. Thanks to Jaap van Till for reminding us of a commentary on a landmark essay on the rationale for choosing collaborative goods. The commentary by Harold Feld [...]

3Vote!

Obaigbena Moderates Conference at Columbia University

Chairman/Editor-in-Chief of THISDAY Newspa-pers, Mr. Nduka Obaigbena, will today moderate a session at the Conference on Peace through Reconstruction holding at the Italian Academy, Columbia University, New York, United States.On the panel are Prof. Roger B. Myerson of the University of Chicago and winner of 2007 Nobel Prize in Economics; Dr. Raymond Gilpin, Associate Vice-President, Sustainable Economies...