Economists Abhijit Banerjee, Esther Duflo and Michael Kremer won the 2019 Nobel Economics Prize for creating an experimental approach to alleviating global poverty, the Royal Swedish Academy of Sciences said on Monday.
“This year’s Laureates have introduced a new approach to obtaining reliable answers about the best ways to fight global poverty,” the academy said in statement.
Banerjee and Duflo are both at Massachusetts Institute of Technology while Kremer is at Harvard University. Duflo is only the second woman to win the economics prize, after Elinor Ostrom got it in 2009, and is also the youngest ever to receive the economics award.
Duflo, who was woken up by Goran Hansson, secretary general of the Royal Swedish Academy of Sciences on Monday, said that getting the prize was “incredibly humbling.”
The 2019 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel has been awarded to Abhijit Banerjee, Esther Duflo and Michael Kremer “for their experimental approach to alleviating global poverty.”#NobelPrize pic.twitter.com/SuJfPoRe2N
— The Nobel Prize (@NobelPrize) October 14, 2019
The 9 million Swedish crown ($915,300) economics prize is a later addition to the five awards created in the will of industrialist and dynamite inventor Alfred Nobel, established by the Swedish central bank and first awarded in 1969.
Last week, six Nobel prizes were given – medicine, physics and chemistry plus two literature awards, and the coveted Peace Prize.
All but the winner of the Peace Prize receive their awards on Dec. 10 – the anniversary of Nobel’s death in 1896 – in Stockholm. The winner of the Peace Prize receives the award in Oslo, Norway.
(FRANCE 24 with AP, REUTERS)
‘Losing his grip on reality’: Trump mocked for attacking Pelosi over a quote that actually came from Fox News
Early Tuesday morning, President Trump took aim at House Speaker Nancy Pelosi (D-CA), misattributing a quote to her that actually came from a Fox News reporter.
Nancy Pelosi just stated that 'it is dangerous to let the voters decide Trump’s fate.' @FoxNews," Trump tweeted. "In other words, she thinks I’m going to win and doesn’t want to take a chance on letting the voters decide. Like Al Green, she wants to change our voting system. Wow, she’s CRAZY!"
Pence attorney stops Ukraine witness from answering Schiff’s question: VP’s ‘position’ is ‘call is classified’
An attorney representing the Office of the Vice President blocked Jennifer Williams, an aide to the Vice President, from answering a simple question, the first one, posed by House Intelligence Committee Chairman Adam Schiff during Tuesday morning's impeachment hearing.
Chairman Schiff asked Williams if there were any relevant facts from a call between Vice President Pence and Ukraine President Volodymyr Zelensky.
Pence's attorney interjected, saying "the Vice President has taken the position that the September 18 call is classified. As a result, I'd refer the committee to the public record."