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The Latest: 3 awarded economics Nobel for study on poverty


Added 10-14-19 06:04:02am EST - “The prize ?" officially known as the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel ?" wasn't created by the prize founder, but it is considered to be part of the Nobel stable of awards. The prize was created…” - News.yahoo.com

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Posted By TheNewsCommenter: From News.yahoo.com: “The Latest: 3 awarded economics Nobel for study on poverty”. Below is an excerpt from the article.

The Nobel prize in economics has been awarded to Abhijit Banerjee, Esther Duflo and Michael Kremer "for their experimental approach to alleviating global poverty."

The prize — officially known as the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel — wasn't created by the prize founder, but it is considered to be part of the Nobel stable of awards.

The prize was created by Riksbanken, the Swedish central bank, in 1968, and the first winner was selected a year later.

The Royal Swedish Academy of Sciences will announce the last Nobel winner later Monday, when it awards its prestigious economics prize.

The prize — officially known as the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel — wasn't created by the prize founder, but it is considered to be part of the Nobel stable of awards.

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