Posts Tagged ‘Nobel Prize’

  • The Tragedy of the commons causes empty fishing nets.

    A Big Shrimp Problem

    Dec 24, 13 • 314 Views • No Comments

    Because of the holiday, our Wednesday environment blog will appear today. The post has been written by 2 Kent Place students, Megan Ganning and Madeleine Vance. “Sorry, Sir, but the ‘Bay Shrimp’ have actually had to be taken off the menu” will be the...  [read more]

  • Thomas Sargent and Cutting the deficit

    Alexander Hamilton, George Washington and the Euro Zone

    Dec 13, 11 • 286 Views • No Comments

    How to decide euro zone policy today? Just look at the U.S. between 1780 and 1840. Saturday, in his Nobel Prize lecture, economist Thomas J. Sargent compared the past U.S. to the current euro zone. He based his talk on 4 questions: Should governments default...  [read more]

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    Nobel Cash

    Oct 15, 10 • 296 Views • No Comments

    If you win a Nobel Prize, you get a cash prize of approximately $1.5 million. The size of that prize relates to how well the foundation that manages Alfred Nobel’s endowment has fared.  According to the Financial Times, during the 1990s the payout...  [read more]

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    A Phone Call From Adam Smith

    Oct 14, 10 • 248 Views • No Comments

    The phone rings. The caller says he is Adam Smith and you have won the Nobel Prize in Economics. Your response? As you know, the 18th century author of The Wealth of Nations, Adam Smith, is perhaps the greatest economic thinker. Seemingly chaotic, the market...  [read more]