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3 Win Nobel Prize In Economic Sciences For Work In Reducing Poverty


Added 10-14-19 06:06:02am EST - “Abhijit Banarjee, Esther Duflo and Michael Kremer will share the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel.” - Npr.org

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Posted By TheNewsCommenter: From Npr.org: “3 Win Nobel Prize In Economic Sciences For Work In Reducing Poverty”. Below is an excerpt from the article.

Abhijit Banarjee, Esther Duflo and Michael Kremer have been jointly awarded the Nobel Prize in Economic Sciences for their "experimental approach to alleviating global poverty," the Royal Swedish Academy of Sciences in Stockholm announced Monday.

BREAKING NEWS:The 2019 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel has been awarded to Abhijit Banerjee, Esther Duflo and Michael Kremer “for their experimental approach to alleviating global poverty.”#NobelPrize pic.twitter.com/SuJfPoRe2N

"This year's Laureates have introduced a new approach to obtaining reliable answers about the best ways to fight global poverty," the academy said in statement.

Their key innovation has been in breaking the issues of global poverty into smaller questions that can be more easily addressed, the academy said.

The prize, officially known as the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel, was established in 1968 by Sweden's central bank, Sveriges Riksbank. Monday's award is the 51st Nobel in Economics. All but two have gone to men.

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