Readers & Thinkers: The 2006 Nobel Prize in Economics. Unemployment is bad; unemployment with hyperinflation is worse.
Posted by ludw1086 on Sep 7, 2012 in News, Readers & Thinkers | Comments Off on Readers & Thinkers: The 2006 Nobel Prize in Economics. Unemployment is bad; unemployment with hyperinflation is worse. Dear All: The Nobel prize for economic sciences for 2006 was announced today, October 9, 2006. It went to Ed Phelps. I had guessed Phelps for my second choice. In previous years, my first or second choice has usually won the Nobel (with the exception of last year). Ed Phelps was born in 1933 in Illinois. He obtained his BA from Amherst College in 1955 and his Ph.D. from Yale University in 1959....read more