Economic Sciences

Banquet speech

John R. Hicks’ speech at the Nobel Banquet in Stockholm, December 10, 1972 Mr. Prime Minister, Ladies and Gentlemen, Economics comes in at the end; that (I am sure) is where we belong. Our science colleagues find permanent truths; economists, who deal with the daily actions of men and the consequences of these actions, can…

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Nobel Prize lecture

Lecture to the memory of Alfred Nobel, April 27, 1973 The Mainspring of Economic Growth In my Theory of Wages, first published in 1932, there is a chapter (VI) entitled “Distribution and Economic Progress”. It was the first to be written of the theoretical chapters in that book; so it is in a sense the…

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Nobel Prize lecture

Lecture to the memory of Alfred Nobel, December 11, 1971 Modern Economic Growth: Findings and Reflections 1. Definitions A country’s economic growth may be defined as a long-term rise in capacity to supply increasingly diverse economic goods to its population, this growing capacity based on advancing technology and the institutional and ideological adjustments that it…

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Banquet speech

Simon Kuznets’ speech at the Nobel Banquet in Stockholm, December 10, 1971 Your Royal Highnesses, Your Excellency, Ladies and Gentlemen, When, over fifty years ago, I first became interested in economics – as a discipline that provided the key to social structure and social problems – it never crossed my mind that one day I…

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Banquet speech

Paul A. Samuelson’s speech at the Nobel Banquet in Stockholm, December 10, 1970 Your Majesty, Your Royal Highnesses, Ladies and Gentlemen, The dream of any scholar has for me come true by virtue of this award. The Nobel Prizes are justly famous in the hard sciences, in literature, and for peace. Imagine then how my…

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