Buchanan, the 1986 recipient of the Nobel Prize in economics who died on Jan. 9 at age 93, was a revolutionary in his field.
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Joseph Stiglitz, the holder of a Nobel prize in economics, claimed in Vanity Fair that the top 1% of Americans were taking in nearly a quarter of the nation's income and controlled 40% of its wealth, though others dispute his numbers.
As well as Mr Beveridge, who also chaired an independent commission for the Scottish government into public spending, the Fiscal Commission Working Group includes two winners of the Nobel economics prize, Joseph Stiglitz and Sir Jim Mirrlees, as well as Scottish economist Andrew Hughes-Hallett and Frances Ruane, an Irish expert in public finance.
Giving the Nobel to the Residency Match reminds me of another Nobel Prize in economics.
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In 1990 he was even named a co-recipient of the Nobel Prize in Economics.
Edward Prescott, a winner of the Nobel prize for economics, blames these transatlantic differences on tax.
Of the 55 economists who have won the Nobel prize since 1969, when economics was added to the roster, nine were teaching at the University of Chicago when they were awarded their prizes, and another 14 either trained at Chicago or had previously taught there.
But there was a last great burst of fame and influence in the 1970s, when he was awarded a Nobel Prize for economics and feted by free-market politicians on both sides of the Atlantic.
J. and corecipient of the 2007 Nobel Prize in economics for theoretical work on market design.
Edmund Phelps, winner of the 2006 Nobel prize for economics for his work on savings and labour markets, argues that the structural explanation for Europe's slower growth rates masks deeper problems with dynamism.
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Since his interview with Wanniski, Mundell won the Nobel Prize for economics and honchoed the creation of the euro.
Stiglitz was awarded the Nobel Prize in economics in 2001 for his analyses of markets with asymmetric information.
The current champion of that idea is Robert Mundell, winner of 1999's Nobel Prize for Economics and a professor at Columbia University who advised the European Union for 30 years, right up through the adoption of the euro in 1999.
The education establishment is a confirmation of the public choice approach to economics for which James Buchanan was recently awarded the Nobel prize.
The fact that a Nobel Laureate in economics would propose this without making clear this fact raises the question of whether his prize should be revoked.
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The University of Chicago has how many Nobel Prize winning professors in economics?
Relatively few people know of Alfred Nobel as the inventor of dynamite, but he will forever be known as the creator of the Nobel Peace Prize and Nobel prizes for literature, economics, medicine, and the sciences.
When Robert A. Mundell won his Nobel Prize in economics in 1999, he spoke of the causes of the Great Depression in his acceptance speech.
However, Daniel Kahneman, a Princeton University psychologist who in 2002 won the Nobel prize in economics for his contribution to behavioural economics, is an enthusiastic supporter of the new field.
In the late 1990s the hedge fund's collapse sent ripples throughout the financial world similar to those we are witnessing today, yet it was overseen by the brilliant economic team of Myron Scholes and Robert Merton, who earlier shared a Nobel prize in economics.
Take Joseph Stiglitz, a Columbia economics professor, Nobel Prize winner and card-carrying member of the sour punditocracy.
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