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October 9, 2007
Any thoughts on the Nobel?
The previous post reminds us that The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel will be announced on Monday. Any picks? For years, I've been thinking that Jagdish Bhagwati would be a very good choice. Oliver Hart, Bengt Holmstrom, and Oliver Williamson would make a good trio of winners in the area of the theory of the firm. At the moment, Gene Grossman and Elhanan Helpman are the front-runners on the Thomson Scientific poll. Eugene Fama is also a possibility.
But never underestimate the committee's ability to surprise us. Edmund Phelps was not on a lot of short lists last year. Perhaps this year's will also be unexpected. Nonetheless, all of those mentioned above are deserving and will probably have their day eventually.
Comments are welcome.
Posted by William Polley at October 9, 2007 10:16 AM
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Ricardo Hausmann and Fredrico Struzenegger for their basic observation that the U.S. investment position completely cancels out the ill effects of a current account deficit.
Posted by: salvatorem at October 9, 2007 9:36 PM