Nobel Prize

My grandparents immigrated to the U.S. around the turn of the last century. My mother’s parents and six older siblings came from Poland. My father’s parents met in New York, she having come from Russia and he from Romania. My parents, both born in 1908, grew up in New York and never lived outside the…

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Professor Tore Ellingsen presenterar Sveriges Riksbanks pris i ekonomisk vetenskap till Alfred Nobels minne 2009 i Stockholms Konserthus. Swedish Presentationstal av Professor Tore Ellingsen, ledamot av , ledamot i Ekonomipriskommittén, 10 December 2009 Eders Majestäter, Eders Kungliga Högheter, Ärade Pristagare, mina damer och herrar, För tvåhundrasjuttio år sedan, den 2 juni 1739, grundade…

Swedish 12 oktober 2009 har beslutat att utdela Sveriges Riksbanks pris i ekonomisk vetenskap till Alfred Nobels minne år 2009 till Elinor Ostrom Indiana University, Bloomington, IN, USA, “för hennes analys av ekonomisk organisering, särskilt samfälligheter” och Oliver E. Williamson University of California, Berkeley, CA, USA, “för hans analys av ekonomisk organisering, särskilt företagets gränser”…

Professor Tore Ellingsen delivering the Presentation Speech for the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2009 at the Stockholm Concert Hall. English Presentation Speech by Professor Tore Ellingsen, Member of the , Member of the Economics Prize Committee, 10 December 2009 Your Majesties, Your Royal Highnesses, Laureates, Ladies…

Economic governance: the organization of cooperation Traditionally, economic theory has by and large been a theory of markets or, more precisely, about marketprices. However,there are at least two reasons why economic science should extend beyond price theory. First, markets do not function properly unless suitable contracts can be formulated and enforced. Hence, we need to…