Economic Sciences

Award ceremony speech

Presentation Speech by Professor Ingemar StĂ„hl of the Translation from the Swedish text Your Majesties, Your Royal Highnesses, Ladies and Gentlemen, In 1943, during the dark years of German occupation, a remarkable work in economic theory was published in France. The title was A la Recherche d’une Discipline Economique and the author was a 32…

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Biographical

My youthI was born May 31, 1911, in Paris. My parents owned a small cheese shop, and my maternal grandfather was a carpentry worker. I thus came from what is commonly known as the working class. In August 1914, my father was called to war, and then taken prisoner. He died in captivity in Germany…

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Press release

21 October 1987 has decided to award the 1987 Alfred Nobel Memorial Prize in Economic Sciences to Professor Robert M. Solow, Massachusetts Institute of Technology, Cambridge, USA, for his contributions to the theory of economic growth. The study of the factors which permit production growth and increased welfare has been a central feature in economic…

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Biographical

I was born in Brooklyn, New York on August 23, 1924, the oldest of three children. My parents were themselves the children of immigrants. They had to earn a living as soon as they finished secondary school. So my sisters, my cousins and I were the first generation of our family to attend a university.…

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Press release

16 October 1986 THIS YEAR’S ECONOMICS PRIZE AWARDED FOR A SYNTHESIS OF THE THEORIES OF POLITICAL AND ECONOMIC DECISION-MAKING (PUBLIC CHOICE) has decided to award the1986 Alfred Nobel Memorial Prize in Economic Sciences to Professor James McGill Buchanan, George Mason University, Virginia, USA, for his development of the contractual and constitutional bases for the theory…

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