More than 700 million people across the globe live on extremely low wages. This year, a trio of economists won the Nobel Prize for their work on addressing global poverty, using randomized control trials to test and improve social policy.
By Paul Solman
In our news wrap Monday, the white police officer who fatally shot a black woman inside her Fort Worth, Texas, home over the weekend has resigned. Body camera video shows the officer, Aaron Dean, firing immediately after shouting at Atatiana…
Esther Duflo is the second woman to win a Nobel Prize in economics in the award’s 50-year history. She's also the only woman to be awarded a Nobel Prize in the sciences this year.
By Gretchen Frazee
The Nobel committee called Thaler a "pioneer," paving the way for a new field of study that looks at the intersection of economics and human psychology.
By Layla Quran
By Kristen Doerer
Two economists, Oliver Hart at Harvard and Bengt Holmström at MIT, have won a Nobel Prize in economic sciences for their contributions in contract theory.
By PBS NewsHour
The Nobel Prize in Economic Sciences was awarded to Angus Deaton, a Scottish-born scholar at Princeton University who has analyzed spending, poverty and welfare. The Nobel laureate joins Judy Woodruff to discuss his work and insight into inequality and society.
By Kristen Doerer
Princeton economist Angus Deaton was awarded the Nobel Prize in Economic Science on Monday for his analysis of consumption, poverty and welfare.
By Simone Pathe
Jean Tirole, of the University of Toulouse, France, won the Nobel Prize in economics Monday for his work on markets and regulation. Although his name might not be well-known in the U.S., his work has been recognized as some of…
In other news Monday, Americans Alvin Roth and Lloyd Shapley won the 2012 Nobel Prize in economics for changing the ways in which the market can match transactions, from choosing schools to donating organs. Also, Pakistan's Malala Yousafzai was flown…
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