Interview with the 2001 Laureates in Economic Sciences, George A. Akerlof, A. Michael Spence and Joseph E. Stiglitz, on 12 December 2001. Interviewers are Professor Karl-Gustaf Löfgren and Anne-Sophie Crepin, graduate student, Umeå University.
The Laureates talk about why they started studying economics, asymmetric information (5:22), their current research (13:09) and the implementation of their research (20:24).
See the list of all Nobel Prizes, awarded for "the greatest benefit to mankind."
In his will, Alfred Nobel left 31 million SEK to found the Nobel Prizes.
Medicine Laureate Shinya Yamanaka talks about the importance of taking risks.