Economic Sciences

Popular information

The Prize in Economic Sciences 2006 Full employment, stable prices and rapid growth are central goals of economic policy. But policy always faces difficult goal conflicts. How should inflation and unemployment be balanced against each other? What tradeoff should be made between the consumption of current and future generations? Edmund S. Phelps has advanced our…

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Award ceremony speech

Professor Bertil Holmlund delivering the Presentation Speech for the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2006 at the Stockholm Concert Hall. English Presentation Speech by Professor Bertil Holmlund, Member of the , December 10, 2006. Your Majesties, Your Royal Highnesses, Honoured Laureate, Ladies and Gentlemen, Low unemployment and…

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Other resources

  , Department of Economics, Columbia University, NY, USA   Literature Most of Phelps’s articles and books are relatively technical, but he has also written a number of more popular texts that can be read by laymen. A good example is his book Inflation Policy and Unemployment Theory (New York: Norton; London: Macmillan, 1972) where…

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Press release

English 10 October 2005 has decided to award the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel, 2005, jointly to Robert J. Aumann Center for Rationality, Hebrew University of Jerusalem, Israel and Thomas C. Schelling Department of Economics and School of Public Policy, University of Maryland, College Park, MD, USA, “for…

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