Edmund S. Phelps
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2006
Born: 26 July 1933, Evanston, IL, USA
Affiliation at the time of the award: Columbia University, New York, NY, USA
Prize motivation: "for his analysis of intertemporal tradeoffs in macroeconomic policy."
Contribution: Deepened our understanding of the relation between short-run and long-run effects of macroeconomic policy.
Prize share: 1/1
Their work and discoveries range from the formation of black holes and genetic scissors to efforts to combat hunger and develop new auction formats.
See them all presented here.