Interview with the 2004 Laureates in Economics, Finn E. Kydland and Edward C. Prescott, December 11, 2004. Interviewers are Professor Karl-Gustaf Löfgren and Johanna Åström, post graduate student, Umeå University. The Laureates talk about why they became economists, how they started their research (5:49), their discovery and its results (9:40), development of the business cycle theory (13:51), Norwegian Laureates (17:16), women in the economic field (21:19) and their present work (23:15).
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The Prize in Economic Sciences 2004