Congratulations!

Congratulations to the recent Nobel Prize winners in Economics! I know, it's not called that, but you know what I mean. There's a plethora of sources you can read to learn more about the winners.

Also, how about some other interesting articles? Monetary views, shale, the Great Depression, currency wars, and China/India/Brazilian growth. I don't really agree with that last one at all, but it's an interesting topic.

Enjoy!

The 2009 Nobel Memorial Prize in Economics

After a number of predictions, the Nobel Prize in Economics has been awarded to Oliver E. Williamson and Elinor Ostrom. Congratulations to them! Check out all of the reactions. It should also be noted that Elinor is also the first woman to win this prize.

Modesty, Nobel Prize, AEA survey, and salaries.

Gilles Saint-Paul tells us that economists should remain modest. After all, it's not our job to forecast crises. But, should we be able to recognize bubbles when they're happening?

The Nobel Prize in Economics announcement is coming soon! Who will it be? I note heavy favoritism in that list towards American economists. I don't know why people seem surprised when I say the top economists are in the United States.

Do you want to know what sorts of things economists agree upon? Try out this survey of AEA economists. There were another two surveys done before the last presidential election which also give insight. I really would have liked to have seen questions on single-payer health coverage and the auto industry, though.

How much can you make with different graduate degrees? Look at the data for starting and mid-career salaries for different majors. Economists have their median salaries double from starting to mid-career. Nice!