Economic Sciences

Nobel Prize lecture

Lecture to the memory of Alfred Nobel, December 8, 1979 The Economics of Being Poor Most of the people in the world are poor, so if we knew the economics of being poor, we would know much of the economics that really matters. Most of the world’s poor people earn their living from agriculture, so…

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Nobel Prize lecture

Lecture to the memory of Alfred Nobel, December 8, 1979 The Slowing Down of the Engine of Growth Let me begin by stating my problem. For the past hundred years the rate of growth of output in the developing world has depended on the rate of growth of output in the developed world. When the…

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Banquet speech

Herbert A. Simon’s speech at the Nobel Banquet, December 10, 1978 Your Majesties, Your Royal Highnesses, Ladies and Gentlemen, May I express my deep gratitude for the honor bestowed on me, and through me, on the colleagues with whom I have collaborated in studying economic behavior and the human mind. Ten years ago, economics was…

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Banquet speech

James E. Meade’s speech at the Nobel Banquet, December 10, 1977 Your Majesties, Your Royal Highnesses, Ladies and Gentlemen, What an exciting subject is economics and what an impossible combination of qualities does it not demand for its practice: Scientific observation of the facts of commercial life; commonsensical inference, from personal introspection, daily experience and…

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Nobel Prize lecture

Lecture to the memory of Alfred Nobel, December 8, 1977 1933 and 1977 – Some Expansion Policy Problems in Cases of Unbalanced Domestic and International Economic Relations Pdf 175 kB

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Nobel Prize lecture

Lecture to the memory of Alfred Nobel, December 8, 1977 The Meaning of “Internal Balance” I. It is a special privilege for me on this occasion to have my name associated with that of Professor Bertil Ohlin. By the younger generation of economists we are no doubt both regarded as what in my country are…

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Banquet speech

Milton Friedman’s speech at the Nobel Banquet, December 10, 1976 Your Majesties, Your Royal Highnesses, Ladies and Gentlemen, It is a great honour and privilege for me to be here tonight, sharing in the reflected glory from my distinguished colleagues, not only the six fellow members of the class of 1976, but the many more…

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