Nobel Economics Prize Awarded to Ben Bernanke and 2 Others for Work on Financial Crises
It went to David Card, for his work on labor economics; and Joshua D. Angrist and Guido W. Imbens for their contributions to the analysis of causal relationships.
Unlike the five other Nobel prizes, which have been handed out since 1901 and were bestowed in the will of Swedish inventor, chemist and engineer Alfred Nobel, the economics award was established in 1969 by Sweden's central bank in his honor. It is the last to be announced each year.to Belarusian human rights activist Ales Bialiatski, Russian human rights organization Memorial and the Ukrainian NGO Center for Civil Liberties.
This year's prize for physics went to Alain Aspect, John Francis Clauser and Anton Zeilinger, for discoveries in quantum mechanics. The Nobel committee said they had used"groundbreaking experiments" investigating particles in entangled states to begin a new era of quantum technology. The chemistry prize was split between Carolyn R. Bertozzi, for her work using click and bioorthogonal chemistry to map cells and develop more targeted cancer treatments; and Morten Meldal and K. Barry Sharpless, who the committee said"laid the foundations of click chemistry," which involves connecting biocompatible molecules.
The medicine prize was awarded to Svante Paabo"for his discoveries concerning the genomes of extinct hominins and human evolution."
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