Excitement before the announcement: The Nobel Prize in Economics will be awarded today

At the conclusion of the Nobel Prize announcements, this year’s winners in the economics category will be announced today, Monday. The Royal Swedish Academy of Sciences wants to announce at 11:45 a.m. in Stockholm at the earliest who it will award the Nobel Prize in the Economic Sciences category this year. This time the prize is awarded eleven million Swedish krona (about 950 thousand euros) for each prize category.

The award, properly called the “Alfred Nobel Memorial Prize for Economic Sciences”, is part of the Nobel Prizes, although it was not established by Alfred Nobel but by the Riksbank. It has not been awarded since 1901, but only since 1969. Friedrich Hayek, born in Vienna, was the only winner of the Austrian prize in this category in 1974.

Maximum three people

Last year, former US Federal Reserve Chairman Ben Bernanke, and American economists Douglas Diamond and Philip Debvig, were honored for their research into banking and financial crises. Over the past five years, this prestigious award has gone to several people each year. A maximum of three people can be selected.

Nobel Prizes in Economics in the past few years:
2022 for Financial Crises Research
2021 by three Labor economists
2020 for auction seekers
2019 to reduce poverty
2018 for two American researchers in the field of sustainability
2017 Behavioral Economics
2016 for contract researchers
2015 by consumer researcher Angus Deaton
2014 to analyze the strength of markets