Nobel Prize

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Born on 23 June 1907, I was brought up in the City of Bath in England. At school – Lambrook School (1917-1921) and Malvern College (1917-1926) – my education was concentrated on the Latin and Greek languages. At the university – Oriel College, Oxford (1926-1930) – I continued my classical education until 1928. I then…

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14 October 1976 THIS YEAR’s ECONOMICS PRIZE TO AN AMERICAN has decided to award the 1976 Prize in Economic Sciences in Memory of Alfred Nobel to Professor Milton Friedman, University of Chicago, Illinois, USA, for his achievements in the fields of consumption analysis, monetary history and theory, and for his demonstration of the complexity of…

Presentation Speech by Professor Erik Lundberg of the Translation from the Swedish text Your Majesties, Your Royal Highnesses, Ladies and Gentlemen, To a considerable extent, economists are concerned with questions of economic policy; how and why governments, in their efforts to solve crises, constantly create new complications inside and between countries. For the analysis and…

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Presentation Speech by Professor Ragnar Bentzel of the Translation from the Swedish text Your Majesties, Your Royal Highnesses, Ladies and Gentlemen, The basic economic problems are the same in all societies, regardless of whether these are characterized by capitalism, socialism or other types of political organization. As the supply of productive resources is limited, everywhere,…

I was born July 31, 1912, in Brooklyn, N.Y., the fourth and last child and first son of Sarah Ethel (Landau) and Jeno Saul Friedman. My parents were born in Carpatho-Ruthenia (then a province of Austria-Hungary; later, part of inter-war Czechoslovakia, and, currently, of the Soviet Union). They emigrated to the U.S. in their teens,…

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