The Royal Swedish Academy of Sciences unveils the winner — or winners — of the Nobel Memorial Prize in economics on Monday, wrapping up six days of awards bulletins. The award is formally often known as the Financial institution of Sweden Prize in Financial Sciences in Reminiscence of Alfred Nobel.
The central financial institution established it as a memorial to Nobel, the 19th-century Swedish businessman and chemist who invented dynamite and established the 5 Nobel Prizes. The primary winners have been Ragnar Frisch and Jan Tinbergen in 1969.
Final 12 months, Harvard College professor Claudia Goldin was honored for her analysis that helps clarify why girls world wide are much less seemingly than males to work and why they earn much less cash once they do. She was solely the third girl among the many 93 economics laureates.
Although Nobel purists stress that the economics prize is technically not a Nobel Prize, it’s all the time introduced along with the others on Dec. 10, the anniversary of Nobel’s dying in 1896. Nobel honors have been introduced final week in drugs, physics, chemistry, literature and peace.
