STOCKHOLM — The Latest on the Nobel prize in economics (all times local):——12:40 p.m.One of the winners of this year’s Nobel Prize in economics says he ignored two telephone calls, thinking they were spam calls, before the Swedish Royal Academy of Sciences was able to get through to him. He won the prize together with William Nordhaus of Yale University for separate research. Yale University’s William Nordhaus was named for integrating climate change into long term macroeconomic analysis and New York University’s Paul Romer was awarded for factoring technological innovation into macroeconomics. When Swedish industrialist Alfred Nobel established the prizes in his will, economics wasn’t one of the undertakings he wanted honoured. The Nobel Memorial Prize in Economic Sciences was established by Sweden’s central bank and first given out in 1969.

Source: National Post October 08, 2018 10:11 UTC