Nobel Prize in Economics will be awarded on Monday

2023-10-08 20:29:50

At the end of the Nobel Prize announcements, this year’s winners in the economics category will be announced on Monday. The Royal Swedish Academy of Sciences wants to announce at 11:45 a.m. in Stockholm at the earliest who it will award the Nobel Prize in the economic sciences category this year. This time the award is endowed with eleven million Swedish crowns (around 950,000 euros) per prize category.

Last year, former US Federal Reserve Chairman Ben Bernanke and other US economists Douglas Diamond and Philip Dybvig were honored for their research into banks and financial crises.

The Nobel Prize for Economic Sciences is the only Nobel Prize that does not go back to the will of dynamite inventor and prize donor Alfred Nobel (1833-1896). It has been sponsored by the Swedish Reichsbank since the end of the 1960s and is therefore, strictly speaking, not one of the classic Nobel Prizes.

Nevertheless, it will be ceremoniously presented along with the other Nobel Prizes on the anniversary of Nobel’s death, December 10th. The Nobel Prize winners in the categories of medicine, physics, chemistry, literature and peace had already been announced in the past few days.

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