This year's Nobel Prize for Economics went to American economists Robert E. Hall and Michael Woodford! Their research focused on macroeconomic models and economic shocks. But … How did we get a Nobel Prize in economics, or as it’s actually called, the more long-winded “Swedish Central Bank Prize in Economic Sciences in memory of Alfred Nobel”? And why did nearly 70 years pass between the first Nobel Prizes and a Nobel recognition for economics?  Fact checking by <a href="https://www.npr.org/people/1268825622/sierra-juarez"target="_blank" >Sierra Juarez</a>. Your Next Listen –<a href="https://lnk.to/tI1QJtWE"target="_blank" >Why do we live in unusually innovative times?</a>–Over 2,000 episodes in <a href="https://app.npr.org/aggregation/510325"target="_blank" >our archive on the NPR App</a> Connect with The Indicator from Planet Money–<a href="https://npr.org/indicatornewsletter"target="_blank" >The Indicator newsletter</a> — a weekly roundup of news, ideas and staff picks. –<a href="https://www.instagram.com/planetmoney/?hl=en"target="_blank" >Instagram</a>, <a href="https://www.tiktok.com/@planetmoney"target="_blank" >TikTok</a> and <a href="https://www.youtube.com/playlist?list=PLiWlgFyO9hsMut185wEh-5F9YMUF6wqar"target="_blank" >YouTube</a> –Find the <a href="https://lnk.to/i3AukBdDWE"target="_blank" >Planet Money book</a> –Find the <a href="https://shopnpr.org/products/planet-moneys-sell-me-a-sasquatch-board-game?Pmax&gad_source=1&gad_campaignid=23597731376&gbraid=0AAAABCDc-MlxLoHpn3aB7Cl5X-nVnzyXL&gclid=Cj0KCQjwuJLWBhD_ARIsAIBcRUwrAD7rYHnu5no4C0djeuOI59nR5dW4zDuToOiV0blG0NXSP6pqf5IaAkinEALw_wcB"target="_blank" >Planet Money game, Sell Me A Sasquatch</a>, and other merch at the <a href="https://shopnpr.org/search?q=indicator&options%5Bprefix%5D=last"target="_blank" >NPR Shop</a>! Support public media with NPR+ and enjoy perks for over 25 podcasts like this one. This show’s perks include sponsor-free listening. Learn more at <a href="http://plus.npr.org/"target="_blank" >plus.npr.org</a>. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. <a href="https://www.npr.org/about-npr/179878450/privacy-policy">NPR Privacy Policy</a>

Podurama

Home

Trending

Personal

Your Podcasts

New Episodes

My Files

Favourite Episodes

Tags (Folders)

Recently Played

Bookmarks

Followed Playlists

How did we get a Nobel Prize in economics?

The Indicator from Planet Money

AI Chapters

AI Insights

Reviews