What to Do. 2008 Nobel Laureate in Economics Paul Krugman on what to do about the economic crisis. [Via]
posted by homunculus on Nov 30, 2008 - 67 comments

"...For his analysis of trade patterns and location of economic activity," the 2008 Nobel Prize in economics has been awarded to New York Times columnist Paul Krugman.
posted by XQUZYPHYR on Oct 13, 2008 - 94 comments

In 1976, a young Bangladeshi economics professor named Muhammad Yunus founded Grameen Bank to implement microcredit — lending small sums to the very poorest members of society. Today, he and his bank share the Nobel Peace prize. Grameen, a profit-making company with social objectives, has lent $5.3bn to 6.4m people. 97% of borrowers are women, as Yunus believes [video] "men will do whatever they could to enjoy for themselves personally [but] women looked at it for the children, for the family and for the future."
posted by matthewr on Oct 13, 2006 - 24 comments

Co-winner of the Nobel prize in economics Robert Aumann of the Hebrew University of Jerusalem gave a very interesting interview about how he became interested in economics, math, and the "topology of bagels." How he applied logic from the Talmud to bankruptcy and other economic events was described nicely at Slate here.
posted by Adamchik on Oct 21, 2005 - 4 comments

The Nash equilibrium
So at the present time I seem to be thinking rationally again in the style that is characteristic of scientists. However this is not entirely a matter of joy as if someone returned from physical disability to good physical health. One aspect of this is that rationality of thought imposes a limit on a person's concept of his relation to the cosmos....from John F. Nash Jr.'s autobiography for the 1994 Nobel Prize for Economics.
posted by riley370 on Dec 12, 2001 - 8 comments

Recognising "Renegage Economics"? Joseph Stiglitz, who was famously cast into the wilderness by the IMF and World Bank, walked off with a share of this year's Nobel Prize for Economics, for his work on the asymmetric benefits of unrestricted "open markets": in short, the way that promoting "free trade" favours the developed nations over the developing. A calculated fuck-you to the neo-liberal mainstream, or a recognition that the critique of globalisation extends well beyond street protesters?
posted by holgate on Oct 10, 2001 - 8 comments