Latest Economists Stories
By Ben Cohen, Star Tribune, Minneapolis Jun. 25--Leonid Hurwicz, who shared the Nobel Prize in economics last year for developing a theory that helps explain how buyers and sellers can maximize their gains, died Tuesday night in Minneapolis.
By Brinkman, Richard L; Brinkman, June E The purp
By Jason Szep BOSTON (Reuters) - The most controversial leader in Harvard's history bowed out on Thursday in a final commencement that drew cheers and shouts of support from the students who backed him during a faculty rebellion. Former U.S.
Irish rock star Bono met British finance minister Gordon Brown at a run-down Nigerian primary school on Monday, as Africa moved to hold the rich world to account over promises to fund a "Marshall Plan" for the continent.
WASHINGTON (Reuters) - John Kenneth Galbraith, an influential liberal economist and author of "The Affluent Society," has died at age 97, The New York Times reported on Sunday.
U.S. automakers and auto parts suppliers face a string of issues created by the changed competitive landscape, Chicago Federal Reserve President Michael Moskow said on Tuesday.
BOSTON (Reuters) - Harvard University's governing board is considering whether to intervene before the Ivy League school's president faces an unprecedented second vote of no confidence over his leadership, three newspapers reported this weekend.
Game theory, a science of solving conflicts based on individuals choosing the best outcome for themselves, may offer everyone from the hard-bitten day trader to a corporate chief executive a framework for making tough decisions.
By Jason Szep BOSTON (Reuters) - A group of leading Harvard University professors have launched an angry protest over a report that the school's controversial president, Lawrence Summers, had told faculty members he was dissatisfied with an important dean and had considered firing him.
By Patrick Lannin STOCKHOLM (Reuters) - An American and an Israeli won the 2005 Nobel prize for economics on Monday for their work on "game theory," which can help explain and resolve trade and business conflicts, and even play a role in avoiding war.
- A coin originally worth six pennies Scots, and later three; held equivalent to an English halfpenny.
- (in plural) Money; cash.