The Encyclopaedia of Nobel Laureates Economics

People who have been awarded Nobel Prize are by no means ordinary in their talent, work or life…some of them were already famous before they received their Nobel, through many of them gained world level fame and recognition after becoming a Nobel Laureate. Whatever their area of activity might be, Nobel Laureates have changed the way mankind lives and thinks over the years wishes of the late Alfred Nobel who in his partially incomplete Will, had clearly mentioned that the award be given to those who along with writing the most outstanding work in ideal direction or making the most important discoveries “shall have conferred the greatest benefit to the mankind.” The Prize in economics sciences was instituted in 1968. In conjunction with its tercentenary celebrations in 1968, Sveriges Riksbank (Bank of swedan) instituted the new award, “The Central Bank of swedan prize in economic sciences in memory of Alfred Nobel” on the basis of an economic commitment by the bank in perpetuity. The award is given by the Royal Swedish Academy of sciences according to the same principles as for the Nobel Prizes that have been awarded sine 1901. The book contains noted economists of the world who have been awarded the Nobel Prize, their biographies and introduces their theories, findings and methodologies extensively.