Education and politics, explained
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3 articles
The Stanford economist thanked his department, his wife and coauthor, and the taxpayers who paid for his public education. Colleagues explained why a 1978 paper still matters.
In his first interview as a laureate, the Columbia economist talked about an exam he did not cancel, his co-laureate Robert Hall and the Swedish thinker who shaped his work.
Robert Hall and Michael Woodford won the economics prize for building macroeconomics on the decisions of households and firms. Their models sit behind how interest rates are set today.
