Nobel Prize 2018 in Economic Sciences awarded

Source : 112 Ukraine

The Prize was given to two people for findings that broadened the scope of economic analysis
13:23, 8 October 2018

The Noble Prize Twitter

The Nobel Prize in Economic Sciences 2018 has been awarded to William Nordhaus “for integrating climate change into long-run macroeconomic analysis” and Paul Romer “for integrating technological innovations into long-run macroeconomic analysis.” Their findings have significantly broadened the scope of economic analysis by constructing models that explain how the market economy interacts with nature and knowledge. This was reported on the official website of The Nobel Prize.

The Nobel Prize was awarded to William D. Nordhaus for:

Related: Nobel Peace Prize 2018 awarded for fight against sexual abuse at war

Paul M. Romer was awarded for:

As it was reported earlier, James P. Allison and Tasuku Honjo were awarded with the Nobel Prize in Physiology or Medicine for their discovery of cancer therapy by inhibition of negative immune regulation. 

It was noted that cancer kills millions of people every year and is one of humanity’s greatest health challenges. By stimulating the ability of our immune system to attack tumour cells, this year’s Nobel Prize laureates have established an entirely new principle for cancer therapy.

Also, we reported that Royal Swedish Academy of Sciences has decided to award the Nobel Prize in Chemistry 2018 with one half to Frances H. Arnold ”for the directed evolution of enzymes” and the other half jointly to George P. Smith and Sir Gregory P. Winter ”for the phage display of peptides and antibodies.”

Related: Nobel Prize in Physiology or Medicine awarded for discovery of cancer therapy

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