Eugene F. Fama, Robert J. Shiller and Lars Peter Hansen shared the 2013 Nobel Prize in Economic Sciences for at times conflicting research on how financial markets work and assets such as stocks are priced.
Paul Krugman, a Nobel-prize winning economist who has used his New York Times column to champion greater government action to stimulate growth and create jobs, is leaving Princeton University for the City University of New York.
Two European scientists won the Nobel Prize in Physics for describing the Higgs boson, a theoretical particle that may explain where mass comes from and advances man’s understanding of how the world is constructed.
Peter A. Diamond ’s Nobel Prize in economics may weaken Senate Republican opposition to the Massachusetts Institute of Technology professor’s Federal Reserve Board nomination, improving his chances of joining the central bank.
Alvin E. Roth and Lloyd S. Shapley shared the 2012 Nobel Prize in Economic Sciences for their work on matching supply and demand for everything from single men and women to organ donors and their recipients.