Readers & Thinkers: The 2017 Nobel Prize in Economics. Most People are Human

Dear All: Well, who won? The Nobel prize for economic sciences for 2017 was announced today, October 9, 2017. It went to Richard Thaler. Thaler is 72 years old and was born in East Orange, New Jersey.   He obtained his BA from Case Western Reserve University and his M.A. and Ph.D. from the University of Rochester.  The work that set his career as a behavioral economist was done while a professor...
read more

Readers & Thinkers: The 2017 Nobel Prize in Economics. Prediction

Dear All: This week begins the annual announcement of Nobel Prizes in a variety of fields. The economics Nobel prize will be announced on October 9, 2017. Last Year’s Winner Last year, the prize was given to Oliver Hart and Bengt Holmstrom “for their contributions to contract theory”. Who will win in 2017? As I’ve said before, it’s just too hard to predict anymore.  So instead I’ll...
read more

Structured Credit Products. History, Pricing, and Risk Management. Guest: Mr. Fabrice Tourre

May 22, 2017. Mr. Fabrice Tourre, former Vice President and Co-Head of European Structured Credit Trading at Goldman Sachs and currently a Ph.D. student in economics at the University of Chicago. Mr. Tourre was involved in the structuring of the famous Abacus CDO that was shorted by hedge fund manager, John Paulson. After the financial crisis of 2008, the SEC brought a suit against Goldman Sachs...
read more

Readers & Thinkers: The 2016 Nobel Prize in Economics. Sign Here Please

Dear All: Well, who won? The Nobel prize for economic sciences for 2016 was announced today, October 10, 2016. It went to Oliver Hart and Bengt Holmstrom. Hart is 68 years old and was born in London, England.   He obtained his BA from Cambridge University, his MA from Warwick University, and his Ph.D. from Princeton University. Although he did work in general equilibrium theory early in his...
read more

Readers & Thinkers: The 2016 Nobel Prize in Economics. Prediction

Dear All: This week begins the annual announcement of Nobel Prizes in a variety of fields. The economics Nobel prize will be announced on October 10, 2016. Last Year’s Winner Last year, the prize was given to Angus Deaton for “for his analysis of consumption, poverty, and welfare”. Who will win in 2016? For many years now, I have believed that guessing the winner of the Nobel Prize...
read more