Former Federal Reserve chief Ben Bernanke along with Douglas Diamond and Philip Dybvig won the 2022 Nobel Economics Prize 'for research on banks and financial crises', the Royal Swedish Academy of Sciences said on Monday. | News24_Business
The majority of previous laureates have been from the United States. Only two women have ever won, Elinor Ostrom in 2009 and Esther Duflo in 2019.
The economics prize is not one of the original five awards created in the 1895 will of industrialist and dynamite inventor Alfred Nobel. It was established by Sweden's central bank and first awarded in 1969, its full and formal name being the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel.In times of uncertainty you need journalism you can trust. For 14 free days, you can have access to a world of in-depth analyses, investigative journalism, top opinions and a range of features. Journalism strengthens democracy. Invest in the future today. Thereafter you will be billed R75 per month.
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