Open AccessThe Nobel Prize in Economics Turns 50
Author(s) -
Sanderson Allen R.,
Siegfried John J.
Publication year - 2019
Publication title -
the american economist
Language(s) - English
Resource type - Journals
eISSN - 2328-1235
pISSN - 0569-4345
DOI - 10.1177/0569434519852429
Subject(s) - field (mathematics) , politics , positive economics , social science , sample (material) , economic thought , political science , sociology , economic history , economics , law , physics , thermodynamics , mathematics , pure mathematics
The first Sveriges Riksbank Prizes in Economic Sciences in Memory of Alfred Nobel were awarded in 1969, 50 years ago. In this essay, we provide the historical origins of this sixth “Nobel” field, background information on the recipients, their nationalities, educational backgrounds, institutional affiliations, and collaborations with their esteemed colleagues. We describe the contributions of a sample of laureates to economics and the social and political world around them. We also address—and speculate—on both some of their could-have-been contemporaries who were not chosen, as well as directions the field of economics and its practitioners are possibly headed in the years ahead, and thus where future laureates may be found.JEL Classifications : A1, B3
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