Nobel prize

Joshua Angrist

Joshua Angrist: Nobel Prize Conversations

Meet economist Joshua Angrist who believes that to be a good labour economist, you should have had some real-life job experience. In conversation with our podcast host Adam Smith, Angrist tells us about his disinterest in school and how as a teenager he was more interested in earning money and maintaining his car. His later surprising and instant connection with economics led him to dedicate his life to his research:…

"They ignored us in Europe, but when interest rates are at zero you have to use fiscal stimulus"

“They Ignored Us In Europe, But When Interest Rates Are At Zero You Have To Use Fiscal Stimulus”

Pablo Pardo | “In the 30s there was no econometrics and the economists could offer no advice on fiscal or monetary policy. In the last crisis the economists could offer ideas, say things like that, when interest rates are at zero, you have to use fiscal policy to stimulate the economy. This doesn’t mean that they listened to us. In Europe, for example, they pretty much ignored us,” explains William Nordhaus, Nobel laureate for economics in 2018.


The Bottom Billion And The Voice Of A Nobel Prize

“The need to impose good governance comes to the forefront among providers of development aid. But no one knows well how to get it.” The quote from Collier’s book only has as its objective to remind us that humanity continues without overcoming the “trap” of underdevelopment,  and therefore without resolving the problem of poverty in the world.



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A Nobel Prize for discovering our inner GPS

MADRID | The Corner | Right now, you are sitting on your desk and plan to grab a sandwich from the vending machine, then consider investing on a stock. Your plans are clear. But do you know why you know that? Neuroscientists John O’Keefe, May-Britt Moser and Edvard Mos are the discoverers of that mechanism, our brain’s GPS, or cells that form a positioning system in it. They were awarded with the Nobel Prize of Medicine on Monday in Stockholm. Their research could mean advances in the Alzheimer research. 

Political reality ignores Nobel winner wisdom

Political reality ignores Nobel winner’s wisdom

WASHINGTON | By Pablo Pardo | Robert Schiller has always been an advocate of a moderate government intervention in financial markets. He also criticised the Federal Reserve’s Quantitative Easing (QE) because he considered that asset prices are not among the areas of central banks. However, political reality seems to go in the opposite direction of the new Nobel winner.