Nobel Prize

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Interview with Eugene F. Fama on 6 December 2013 during the Nobel Week in Stockholm, Sweden. Could you explain your awarded work for young students? Eugene F. Fama: If I would explain my work, I started back in 1962 working on the general topic is how do prices incorporate new information. It’s called the efficient…

Interview with 2013 Laureate in Economic Sciences Robert J. Shiller, 6 December 2013. Could you please explain your Prize awarded work for 13-14-year olds? Robert J. Shiller: I was part of a three-man award. It’s a little hard because I think that the descriptions they might give will be different than mine, so I have…

Interview with Lars Peter Hansen on 6 December 2013 during the Nobel Week in Stockholm, Sweden. Could you describe your awarded work for young students? Lars Peter Hansen: The way that I like to describe my work is that it’s developing statistical methods to do something without having to do everything. Let me elaborate a…

Interview with Jean Tirole on 6 December 2014, during the Nobel Week in Stockholm, Sweden. Could you please explain your Nobel Prize awarded work in simple terms? Jean Tirole: My work, which has been awarded the prize, is on the regulation of industries. The regulations of industries include what we call anti-trust which mean that…

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Interview with William D. Nordhaus on 6 December 2018 during the Nobel Week in Stockholm, Sweden. What’s the source of your passion for economic sciences? William D. Nordhaus: So my passion for economics. It comes from many sources; I think the biggest one is for the benefit of humanity or mankind as we used to…

Interview with Abhijit Banerjee on 6 December 2019 during the Nobel Week in Stockholm, Sweden. Can you tell us about your childhood? Abhijit Banerjee: I grew up in a middle-class family in the city of Kolkata. I, just by accident more or less, happened to live right next door to one of the biggest slums…

Interview with Angus Deaton on 6 December 2015, during the Nobel Week in Stockholm, Sweden. What’s your story? Angus Deaton: What’s my story? What brought me to this scientific field? A lot of luck, a lot of accidents. I certainly didn’t start out to study economics. I think, you know, when I was in high…