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Latest Designing Economic Mechanisms Stories

2008-06-27 00:00:39

Leonid Hurwicz, an emeritus professor at the University of Minnesota who shared the Nobel Prize in economics last year, has died. He was 90. Hurwicz, who lived in Minneapolis, became ill about a week before his death Tuesday night, the Minneapolis Star-Tribune reported. In 2007, Hurwicz became the oldest person ever to receive a Nobel Prize when he was honored for his work on the interactions among buyers, sellers and economic institutions. He shared the prize with Eric Maskin of the...


Word of the Day
malpais
  • The ragged surface of a lava-flow.
'Malpais' translates from Spanish as 'bad land.'