Wednesday, October 12, 2011

Some Information On This Year's Winners Of The Nobel Prize In Economics

See Nobel Winners Saved Macroeconomics After Keynes by Edward Glaeser, writing for Bloomberg (Edward Glaeser is an economist as well). The winners were Thomas Sargent, of New York University, and Christopher Sims, of Princeton University, for work on “empirical macroeconomics.” The article mentions some things that we have been discussing or will soon discuss in macro:

John Maynard Keynes

The business cycle

Milton Friedman

Phillips curve

The relationship found between unemployment and inflation


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