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☆ Daniel Kahneman, the Nobel Prize winner who wrote Thinking, Fast and Slow, dies aged 90
▼ + stars: | 2024-03-28 | by ( Diksha Madhok | ) edition.cnn.com time to read: +2 min

New Delhi CNN —Daniel Kahneman, who won the Nobel Prize for his pioneering theories on behavioral economics, has died. The Israeli-American psychologist died peacefully on Wednesday, according to a release from Princeton University, whose faculty he had joined in 1993. Kahneman, who also wrote the best-selling book Thinking, Fast and Slow, helped debunk the notion that people’s behavior is driven by rational decision-making, and instead is often based on instinct. Then, at 27, he returned to Hebrew University to teach statistics and psychology and began his famous partnership with Amos Tversky, also a Hebrew University psychology professor. In 2002, six years after Tversky’s death, Kahneman won the Nobel Prize in Economics for their models of how intuitive reasoning is flawed in predictable ways.

Persons: New Delhi CNN — Daniel Kahneman, Kahneman, Danny, Eldar Shafir, ” Kahneman, Amos Tversky Organizations: New, New Delhi CNN, Princeton University, Hebrew University, Royal Swedish Academy of Sciences Locations: New Delhi, American, Tel Aviv, Paris, France, British, Palestine, Israel, Jerusalem, Berkeley

☆ The woman behind the next big thing in cancer treatment
▼ + stars: | 2024-02-20 | by ( Katie Hunt | ) edition.cnn.com time to read: +12 min

Christine Olsson/AFP/Getty ImagesWu’s research focused on small mutations in cancer tumor cells. However, in many cases, cancer vaccines have failed to live up to their promise — largely because the right target hasn’t been found. “This is a fantastic discovery.”By sequencing DNA from healthy and cancer cells, Wu and her team identified a cancer patient’s unique tumor neoantigens. More work is needed before they are a viable treatment options for many cancer patients. To show that these type of cancer vaccines work, much larger randomized control trials are needed.

Persons: Catherine Wu, Boston’s Dana, “, ”, Wu, Lendahl, Dr Patrick Ott, Sam Ogden, Honjo, James Allison, Tasuku Honjo, James P Allison, Christine Olsson, ” Hans, Gustaf Ljunggren, Matt Stone, “ I’m, ” Wu, ” Lendahl, you’ve, It’s, ” Barbara Brigham, BioNTech, ” CNN’s Brenda Goodman Organizations: CNN, Farber Cancer Institute, Royal Swedish Academy of Sciences, Karolinska, Getty, US Food and Drug Administration, FDA, MediaNews, Boston Herald, Merck, Moderna, ”, Covid Locations: Sweden, BioNTech, Rome

PRAGUE (AP) — František Janouch, a Czech nuclear physicist who set up a foundation in Sweden while in exile to support the dissident movement in his communist homeland at the time, has died. The Charter 77 Foundation said Janouch died on Friday morning in Sweden's capital, Stockholm, where he had lived since the 1970s. Born on Sept. 22, 1931 in the town of Lysa nad Labem near Prague, Janouch studied nuclear physics at Charles University in Prague and at universities in Moscow and St. Petersburg in the then Soviet Union. Political Cartoons View All 253 ImagesAt the invitation of the Royal Swedish Academy of Sciences, he moved to Sweden in 1974. “František Janouch contributed significantly to the return of freedom to our country,” Prime Minister Petr Fiala said.

Persons: Janouch, Václav Havel, Havel, “ František Janouch, Petr Fiala Organizations: Charles University, Nuclear Physics Institute, Czechoslovak Academy of Sciences, Royal Swedish Academy of Sciences Locations: PRAGUE, Czech, Sweden, Sweden's, Stockholm, Lysa nad Labem, Prague, Moscow, St, Petersburg, Soviet Union, Soviet, Czechoslovakia, Swedish

STOCKHOLM, Oct 9 (Reuters) - American economic historian Claudia Goldin won the 2023 Nobel economics prize for her work examining wage inequality between men and women, the Royal Swedish Academy of Sciences said on Monday. "This year's Laureate in the Economic Sciences, Claudia Goldin, provided the first comprehensive account of women's earnings and labour market participation through the centuries," the prize-giving body said in a statement. Goldin, who in 1990 became the first woman to be tenured at the Harvard economics department, is only the third woman to win the Nobel economics prize. "Claudia Goldin's discoveries have vast societal implications," said Randi Hjalmarsson, member of the Economic Prize committee. As with the other Nobel prizes, the vast majority of the economics awards have gone to men.

Persons: Claudia Goldin, Alfred Nobel, Goldin, Hans Ellegren, Claudia Goldin's, Randi Hjalmarsson, Jakob Svensson, Friedrich August von Hayek, Milton Friedman, Paul Krugman, Ben Bernanke, Elinor Ostrom, Esther Duflo, Simon Johnson, Mark John, Niklas Pollard, Johan Ahlander, Terje Solsvik, Catherine Evans Organizations: Royal Swedish Academy of Sciences, Sveriges, Economic Sciences, Harvard, Pew Research, Commission, Social, Thomson Locations: STOCKHOLM, COVID, Norwegian, Iranian, United States, Europe, U.S

London CNN —Claudia Goldin, a professor at Harvard University, was awarded the Nobel Prize in economics Monday for her research into women’s income and employment. Jakob Svensson, chair of the committee for the prize in economic sciences, added: “Understanding women’s role in the labor market is important for society. Thanks to Claudia Goldin’s groundbreaking research we now know much more about the underlying factors and which barriers may need to be addressed in the future.”Claudia Goldin Harvard UniversityGoldin was born in 1946 in New York. She is the author of several books and is best-known for her work on the history of women in the US economy. The economics prize is officially known as the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel.

Persons: London CNN — Claudia Goldin, Goldin, ”, Jakob Svensson, Claudia Goldin’s, ” Claudia Goldin Harvard, ” Claudia Goldin Harvard University Goldin, Henry Lee, Alfred Nobel, Ben Bernanke, Douglas Diamond, Philip Dybvig Organizations: London CNN, Harvard University, Royal Swedish Academy of Sciences, ” Claudia Goldin Harvard University, National Bureau of Economic Research, Sveriges, Economic Sciences, Federal Locations: New York, United States, Swedish

☆ Nobel economics prize awarded to U.S. economist Claudia Goldin for work on women in the labor market
▼ + stars: | 2023-10-09 | by ( Hannah Ward-Glenton | ) www.cnbc.com time to read: 1 min

The winner of the 2023 Prize in Economic Sciences in Memory of Alfred Nobel American economist Claudia Goldin is seen on a display at the Royal Swedish Academy of Sciences, in Stockholm on October 9, 2023. The Nobel economics prize was on Monday awarded to Professor Claudia Goldin of Harvard University for her research on women in the labor market. Goldin provided the first comprehensive account of women's earnings and labor market outcomes through the centuries, the Nobel committee said in the prize announcement while announcing the prize. Her research reveals new patterns, identifies causes of change but also speaks to the main sources of the remaining gender gaps. The winners of the award, which is officially titled the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, receive 10 million Swedish krona ($907,000) between them.

Persons: Alfred Nobel, Claudia Goldin, Goldin Organizations: Economic Sciences, Royal Swedish Academy of Sciences, Harvard University, Sveriges Locations: Stockholm

[1/7] Hans Ellegren (centre), Permanent Secretary of the Royal Swedish Academy of Sciences, announces the winners of the 2023 Nobel Prize in Chemistry during a press conference at the Royal Swedish Academy of Sciences in Stockholm, Sweden, October 4, 2023. The more than century-old prize is awarded by the Royal Swedish Academy of Sciences and is worth 11 million Swedish crowns ($1 million). Earlier on Wednesday, the academy appeared to have inadvertently published the names of the three scientists before the official announcement. In 1993, Bawendi revolutionised the production of quantum dots, made up of clusters ranging from a few hundred to a few thousand atoms. The third of this year's crop of awards, the chemistry Nobel follows those for medicine and physics announced earlier this week.

Persons: Hans Ellegren, Moungi Bawendi, Louis Brus, Alexei Ekimov, Bawendi, Johan Aqvist, that's, Ekimov, Brus, Alfred Nobel, Albert Einstein, Ernest Rutherford, Marie Curie, Carolyn Bertozzi, Morten Meldal, Barry Sharpless, Niklas Pollard, Simon Johnson, Johan Ahlander, Ludwig Burger, Terje Solsvik, Anna Ringstrom, Alexandra Hudson Organizations: Royal Swedish Academy of Sciences, Chemistry, Massachusetts Institute of Technology, MIT, Columbia University, Nanocrystals Technology, AT, Bell Labs, U.S, Vavilov, Optical Institute, Nanocrystals Technology Inc, Alexandra Hudson Our, Thomson Locations: Stockholm, Sweden, STOCKHOLM, United States, Paris, France, Tunisia, Soviet Union, Swedish, Frankfurt, Oslo

☆ Nobel Chemistry prize awarded for discovery of quantum dots used in LED lights
▼ + stars: | 2023-10-04 | by ( ) www.cnbc.com time to read: +2 min

Earlier on Wednesday, the academy appeared to have inadvertently published the names of the three scientists it said had won this year's Nobel Prize in chemistry. Nanoparticles and quantum dots are used in LED-lights and TV-screens and can also be used to guide surgeons while removing cancer tissue. Scientists Moungi Bawendi, Louis Brus and Alexei Ekimov won the 2023 Nobel Prize in Chemistry for "the discovery and synthesis of quantum dots," the award-giving body said on Wednesday. The third of this year's crop of awards, the chemistry Nobel follows those for medicine and physics announced earlier this week. While the chemistry awards are sometimes overshadowed by the physics prize and its famous winners such as Albert Einstein, chemistry laureates include many scientific greats, including radioactivity pioneer Ernest Rutherford and Marie Curie, who also won the physics prize.

Persons: Moungi, Louis Brus, Alexei Ekimov, Moungi Bawendi, Bawendi, Brus, Ekimov, Alfred Nobel, Albert Einstein, Ernest Rutherford, Marie Curie, Carolyn Bertozzi, Morten Meldal, Barry Sharpless Organizations: Royal Swedish Academy of Sciences, Massachusetts Institute of Technology, MIT, Columbia University, Nanocrystals Technology, AT, Bell Labs, U.S, Vavilov, Optical Institute, Nanocrystals Technology Inc Locations: Russian, Stockholm, Paris, France, Tunisia, Soviet Union, United States, Swedish

The Royal Swedish Academy of Sciences said it was investigating. The Associated Press did not receive the press release in advance and decided not to publish the names until confirmed by the academy, but many Swedish media organizations did. The academy stopped the practice since the awards were being announced simultaneously on the digital platforms of the Nobel Prizes. It is not the first time the names of winners slip out before the Nobel announcements. For the official press release to be published in advance is extremely rare, said Fredrick Malmberg, head of news at Swedish television station TV4.

Persons: Moungi Bawendi, Louis Brus, Alexei Ekimov, Hans Ellengren, Göran Hansson, ”, Fredrick Malmberg Organizations: STOCKHOLM, Royal Swedish Academy of Sciences, Associated Press, Svenska Dagbladet, TV4, SVT, “ Locations: Swedish

☆ Names of purported Nobel chemistry prize winners inadvertently released
▼ + stars: | 2023-10-04 | by ( ) www.reuters.com time to read: +2 min

A general view of the Royal Swedish Academy of Sciences, where the Nobel Prize in Physics is to be announced, in Stockholm, Sweden October 3, 2023. REUTERS/Tom Little/File Photo Acquire Licensing RightsSTOCKHOLM, Oct 4 (Reuters) - Sweden's Royal Academy of Sciences appeared to have inadvertently published names of three scientists it said had won this year's Nobel Prize in chemistry, although the award-giving institute said the decision was still hours away. But Johan Aqvist, chair of the academy's Nobel committee for chemistry, told Reuters: "It is a mistake by the Royal Swedish Academy of Sciences. The announcement of this year's Nobel prize for chemistry is due at 1145 CET (0945 GMT). The more than century-old prize is awarded by the Royal Swedish Academy of Sciences and is worth 11 million Swedish crowns ($990,019).

Persons: Tom Little, Moungi, Bawendi, Louis E . Brus, Alexei I, Johan Aqvist, Brus, Anna Ringstrom, Johan Ahlander, Terje Solsvik, Alex Richardson Organizations: Royal Swedish Academy of Sciences, REUTERS, Rights, Sweden's Royal Academy of Sciences, Dagens Nyheter, Reuters, Massachusetts Institute of Technology, Columbia University, Nanocrystals Technology Inc, Thomson Locations: Stockholm, Sweden, Rights STOCKHOLM

STOCKHOLM (AP) — Swedish media say the Royal Swedish Academy of Sciences may have announced the winners of this year’s Nobel Prize in chemistry prematurely. Public broadcaster SVT said the academy sent a press release by mistake early Wednesday that contained the names of the winners. The press release said the prize went to three U.S.-based scientists for the “discovery and synthesis of quantum dots,” according to SVT. On Monday, Hungarian-American Katalin Karikó and American Drew Weissman won the Nobel Prize in medicine for discoveries that enabled the creation of mRNA vaccines against COVID-19. The chemistry prize means Nobel season has reached its halfway stage.

Persons: Eva Nevelius, Heiner Linke, Anne L’Huillier, Pierre Agostini, Ferenc Krausz, Karikó, Drew Weissman, Carolyn R, Barry Sharpless, Morten Meldal Organizations: STOCKHOLM, Royal Swedish Academy of Sciences, Public, SVT, Associated Press, Academy of Sciences, ” Royal Swedish Academy of Sciences, Swedish, Dagens Nyheter, COVID, Nobel Foundation Locations: Sweden, French, Swedish, Hungarian, Danish

☆ Nobel Prize in chemistry awarded for discovery of quantum dots that changed everything from TV displays to cancer imaging
▼ + stars: | 2023-10-04 | by ( Christian Edwards Katie Hunt Ed Upright | Christian Edwards | Katie Hunt | ) edition.cnn.com time to read: +7 min

CNN —The 2023 Nobel Prize in chemistry has been awarded to a trio of scientists who worked to discover and develop quantum dots, used in LED lights and TV screens, as well as by surgeons when removing cancer tissue. Heiner Linke, a member of the chemistry committee, explained at the announcement ceremony what made the laureates’ work so revolutionary. “The core thing about quantum dots is that, just by changing their size… you change their properties, for example their color. France-born Bawendi, got an early morning call from Stockholm breaking the news that he is one of the 2023 chemistry laureates. The Nobel committee explained how the scientists’ work had helped develop quantum dots.

Persons: Bawendi, Louis Brus, Alexei Ekimov, ”, Johan Aqvist, Heiner Linke, ” Linke, Ekimov, Moungi Bawendi, —, Brus, Jonathan Nackstrand, Judith Giordan, ” Giordan, Aqvist, “, ” Hans Ellegren Organizations: CNN, Stockholm, Massachusetts Institute of Technology, Columbia University, Nanocrystals Technology Inc, MIT, Royal Swedish Academy of Sciences, Getty, American Chemical Society, Swedish Academy of Sciences, Reuters Locations: Brus, New York, France, Stockholm, AFP

☆ Agostini, Krausz and L'Huillier win 2023 Nobel Prize in Physics
▼ + stars: | 2023-10-03 | by ( ) www.cnbc.com time to read: +1 min

Journalists wait for the announcement of the winners of the 2023 Nobel Prize in Physics at Royal Swedish Academy of Sciences in Stockholm on Oct. 3, 2023. Scientists Pierre Agostini, Ferenc Krausz and Anne L'Huillier won the 2023 Nobel Prize in Physics for "experimental methods that generate attosecond pulses of light for the study of electron dynamics in matter", the award-giving body said on Tuesday. The prize, which was raised this year to 11 million Swedish crowns (about $1 million), is awarded by the Royal Swedish Academy of Sciences. Physics is the second Nobel to be awarded this week after Hungarian scientist Katalin Kariko and U.S. colleague Drew Weissman won the medicine prize for making mRNA molecule discoveries that paved the way for COVID-19 vaccines. Announced on consecutive weekdays in early October, the physics prize announcement will be followed by ones for chemistry, literature, peace and economics, the latter a later addition to the original line-up.

Persons: Pierre Agostini, Ferenc Krausz, Anne L'Huillier, Katalin Kariko, Drew Weissman, Alfred Nobel, Albert Einstein, Alain Aspect, John Clauser, Anton Zeilinger, Einstein Organizations: Royal Swedish Academy of Sciences, Royal Swedish Academy of Sciences . Physics Locations: Stockholm, COVID

“The electrons are very fast, and the electrons are really the workforce in everywhere,” Nobel Committee member Mats Larsson said. WHAT DISCOVERY WON THE NOBEL PRIZE IN PHYSICS? “Let’s take one second, which is the time of a heartbeat,” Nobel Committee chair Eva Olsson said. “I was very concentrated, forgot about the Nobel Prize and tried to finish my lecture,” L'Huillier told the AP. The physics prize comes a day after two scientists won the Nobel Prize in medicine for discoveries that enabled the creation of mRNA vaccines against COVID-19.

Persons: Anne L’Huillier, Pierre Agostini, Ferenc Krausz, Mats Larsson, “, ” L’Huillier, ” L'Huillier, Eva Olsson, Mark Pearce, “ It's, that's, ” Krausz, Krausz, L'Huillier, ANNE L'HUILLIER, FERENC KRAUSZ, PIERRE AGOSTINI, L’Huillier, ”, wasn't, Agostini, it's, Max, Ludwig Maximilian, I'd, Wolf, Paul Corkum, Corkum, Alfred Nobel, ___ Borenstein, Mike Corder, Nicolas Garriga, Jan M, Olsen, Geir Moulson Organizations: STOCKHOLM, Lund University, Associated Press, “, Lund, Royal Swedish Academy of Sciences, Ohio State University, Max Planck, Quantum Optics, Ludwig, Ludwig Maximilian University of Munich, University of Ottawa, COVID Locations: French, Swedish, Hungarian, Sweden, Stockholm, “, Paris, Columbus, Washington, Leicester, The Hague, Netherlands, Copenhagen, Berlin

CNN —The 2023 Nobel Prize in physics has been awarded to a team of scientists who created a ground-breaking technique using lasers to understand the extremely rapid movements of electrons, which were previously thought impossible to follow. “An attosecond is to one second as one second is to the age of the universe,” the committee explained. Pierre Agostini, Ferenc Krausz and Anne L'Huillier shared this year's physics prize. Rapid movements blur together, making extremely short events impossible to observe. Electrons’ movements in atoms and molecules are so rapid that they are measured in attoseconds.

Persons: Pierre Agostini, Ferenc Krausz, Anne L’Huillier “, “, Bob Rosner, ”, Rosner, Anne L'Huillier, Max Planck, ” L’Huillier, Hans Ellegren, L’Huillier, Olle Eriksson, —, Michael Moloney, ” Moloney Organizations: CNN, American Physical Society, University of Chicago, Ohio State University, Max, Quantum Optics, National Academy of Sciences, Lund University, Max Planck, Royal Swedish Academy of Sciences, Uppsala University, American Institute of Physics Locations: Stockholm, Sweden, Germany

Here are some things to know about the Nobel Prizes:AN IDEA MORE POWERFUL THAN DYNAMITEPolitical Cartoons View All 1190 ImagesThe Nobel Prizes were created by Alfred Nobel, a 19th-century businessman and chemist from Sweden. Though Nobel purists stress that the economics prize is technically not a Nobel Prize, it’s always presented together with the others. The Nobel Prizes project an aura of being above the political fray, focused solely on the benefit of humanity. The Norwegian Nobel Committee is an independent body that insists its only mission is to carry out the will of Alfred Nobel. To date, 60 women have won Nobel Prizes, including 25 in the scientific categories.

Persons: Alfred Nobel, Dynamite, ”, it’s, Nobel, Barack Obama, Liu Xiaobo, Albert Einstein, Mother Teresa, Jean, Paul Sartre, Le Duc Tho, Henry Kissinger, Ales Bialiatski, that’s Organizations: STOCKHOLM, Karolinska Institute, Nobel Foundation, U.S, Royal Swedish Academy of Sciences Locations: Scandinavia, Stockholm, Oslo, Swedish, Sweden, NORWAY, Norway, Norwegian, Beijing, China, Ukraine, Russia, Europe, North America

☆ John Goodenough, Nobel laureate and battery pioneer, dies at 100
▼ + stars: | 2023-06-26 | by ( ) www.reuters.com time to read: +2 min

[1/2] John B. Goodenough, 2019 Nobel Prize in Chemistry winner, speaks during a news conference at the Royal Society in London, Britain October 9, 2019. REUTERS/Peter Nicholls/File PhotoJune 26 (Reuters) - Nobel laureate John Goodenough, a pioneer in the development of lithium-ion batteries that today power millions of electric vehicles around the globe, died on Sunday just a month short of his 101st birthday. In recent years, Goodenough and his university team had also been exploring new directions for energy storage, including a “glass” battery with solid-state electrolyte and lithium or sodium metal electrodes. Goodenough also was an early developer of lithium iron phosphate (LFP) cathodes as an alternative to nickel- and cobalt-based cathodes. After completing a bachelors in mathematics at Yale University, Goodenough received an masters and a PhD in physics from the University of Chicago.

Persons: John B, Goodenough, Peter Nicholls, John Goodenough, “, Jay Hartzell, Britain's Stanley Whittingham, Japan's Akira Yoshino, Paul Lienert Organizations: Royal Society, REUTERS, University of Texas, Chemistry, Royal Swedish Academy of Sciences, Yale University, University of Chicago, Massachusetts Institute of Technology, University of Oxford, Thomson Locations: London, Britain, Austin, Jena, Germany, Detroit

☆ Mysterious flying objects across the US probably aren't aliens, but experts believe life is out there. Here are 13 reasons why we haven't made contact yet.
▼ + stars: | 2023-02-13 | by ( Aylin Woodward | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: 1 min

Even if intelligent aliens aren't flying overhead, though, many experts believe they're out there. Nobel Physics Laureate Didier Queloz speaks during a press conference at the Royal Swedish Academy of Sciences in Stockholm, Sweden. Jonas Ekstromer /TT News Agency via AP"I can't believe we are the only living entity in the whole universe. Queloz had just won the Nobel prize in physics for his discovery of the first exoplanet orbiting a sun-like star. He said that his work has led him to become "absolutely convinced" that humans will detect alien life in the next 100 years.

☆ Nobel laureate economist faces sex harassment investigation
▼ + stars: | 2022-12-18 | by ( The Associated Press | ) www.nbcnews.com time to read: +3 min

The findings in the early 1980s laid the foundations for regulating financial markets, the Nobel panel said. They’re among a group of seven former students Bloomberg reported it had spoken with who allege Dybvig sexually harassed them. The Nobel Peace Prize and Foundation didn’t immediately respond to email messages from the AP. University spokesperson Julie Flory told Bloomberg that the school doesn’t comment on specific cases but takes sexual misconduct seriously and will investigate any allegations. Miltenberg said it is his understanding that the investigation is in the preliminary stages and that the Title IX office wants to speak with Dybvig again.

☆ 3 U.S.-based economists given Nobel Prize for work on banks
▼ + stars: | 2022-10-10 | by ( The Associated Press | ) www.nbcnews.com time to read: +2 min

STOCKHOLM — This year’s Nobel Prize in economic sciences has been awarded to the former chair of the U.S. Federal Reserve, Ben S. Bernanke, and two U.S.-based economists, Douglas W. Diamond and Philip H. Dybvig, “for research on banks and financial crises.”The prize was announced Monday by the Nobel panel at the Royal Swedish Academy of Sciences in Stockholm. Last year, half of the award went to David Card for his research on how the minimum wage, immigration and education affect the labor market. The Nobel Economics Prize was awarded to a US trio for their contributions on explaining the role of banks in the economy. French author Annie Ernaux won this year’s Nobel Prize in literature Thursday. The Nobel Peace Prize went to jailed Belarus human rights activist Ales Bialiatski, the Russian group Memorial and the Ukrainian organization Center for Civil Liberties on Friday.

☆ Bernanke, Diamond, Dybvig share Nobel prize in economics
▼ + stars: | 2022-10-10 | by ( ) www.reuters.com time to read: 1 min

STOCKHOLM, Oct 10 (Reuters) - Ben Bernanke, Douglas Diamond and Philip Dybvig won the 2022 Nobel Economics Prize "for research on banks and financial crises", the Royal Swedish Academy of Sciences said on Monday. The prize, formally known as the Sveriges Riksbank Prize in Economic Sciences in memory of Alfred Nobel, is the last of this year's crop of Nobel awards and sees the winners share a sum of 10 million Swedish crowns ($883,954). ($1 = 11.3128 Swedish crowns)Register now for FREE unlimited access to Reuters.com RegisterReporting by Simon Johnson and Johan Ahlander, editing by Mark HeinrichOur Standards: The Thomson Reuters Trust Principles.

Members of the Royal Swedish Academy of Sciences Tore Ellingsen, Hans Ellegren and John Hassler announce the 2022 Nobel Prize for Economic Sciences, during a news conference at the Royal Swedish Academy of Sciences in Stockholm, Sweden October 10, 2022. The winners are Ben S. Bernanke (USA), Douglas W. Diamond (USA) and Philip H. Dybvig (USA). "Some households and some firms are already weakened," Gernot Doppelhofer, professor at the economics department of the Norwegian School of Economics (NHH) said. The economics prize is not one of the original five awards created in the 1895 will of industrialist and dynamite inventor Alfred Nobel. It was established by Sweden's central bank and first awarded in 1969, its full and formal name being the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel.

☆ Bernanke bank-crisis Nobel requires markets sequel
▼ + stars: | 2022-10-10 | by ( Liam Proud | ) www.reuters.com time to read: +4 min

LONDON, Oct 10 (Reuters Breakingviews) - Rarely has an academic put theory into practice like Ben Bernanke. Yet the resulting era of tight bank regulation and ultra-low interest rates helped build up risks in financial markets which are only slowly becoming apparent. Bernanke’s research, and that of fellow laureates Douglas Diamond and Philip Dybvig, put lenders at the heart of the economy. In 2021, they accounted for about half of total global financial assets, compared with two-fifths for banks. Years of loose monetary policy, under Bernanke and his successors, have pushed many of these market players to take on more risk.

☆ Nobel Prize in economics awarded to Ben Bernanke, Douglas Diamond and Philip Dybvig for work on financial crises
▼ + stars: | 2022-10-10 | by ( Julia Horowitz | ) edition.cnn.com time to read: +4 min

London CNN Business —Former Federal Reserve Chair Ben Bernanke, Douglas Diamond and Philip Dybvig were awarded the Nobel Prize in economics on Monday for their work on banks and financial crises. Bernanke, who led the US central bank during the 2008 global financial crisis, received the award for his research on the Great Depression. While Bernanke served as chair, the central bank pioneered a program of quantitative easing, buying up assets to help stimulate economic growth. The Nobel prize, officially known as the Sveriges Riksbank Prize in Economic Sciences, comes with an award of 10 million Swedish kronor ($885,370) to be split equally among the laureates. It was not instituted by Alfred Nobel, but established by Sweden’s central bank and awarded in memory of Nobel.

☆ Nobel economics prize awarded to U.S.-based economists including Bernanke for work on financial crises
▼ + stars: | 2022-10-10 | by ( Jenni Reid | ) www.cnbc.com time to read: +4 min

U.S.-based economists Ben Bernanke, Douglas Diamond and Philip Dybvig were awarded the Nobel prize in economic sciences for 2022 for their research on banks and financial crises. They added this was "invaluable" during the 2008-09 financial crisis and the coronavirus pandemic. The winners of the prize — officially called the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel — receive 10 million Swedish krona ($883,000) to be split between them. The Royal Swedish Academy of Sciences select the winners from a list of candidates recommended by the Economic Sciences Prize Committee. He again cited the insurance sector in the U.K., when he said the "mismatch" came when there were calls for more collateral from insurance companies.

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