Nobel Economics Prize Winner to Be Announced Monday Morning

UPDATE: The final Nobel Prize of the season is set to be revealed Monday morning, with the announcement of the prestigious Nobel Memorial Prize in Economics. This announcement is highly anticipated as it concludes the 2023 Nobel Prize series, which has already honored achievements in medicine, physics, chemistry, literature, and peace.

Organizers will disclose the winner or winners at 11:45 AM CET in Stockholm. Last year’s award was jointly presented to renowned economists Daron Acemoglu, Simon Johnson, and James A. Robinson for their groundbreaking research on the economic disparities between nations. Their work emphasized that countries with freer, more open societies tend to achieve greater prosperity.

The economics prize, officially titled the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel, has a storied history. Established in 1968 as a tribute to Nobel, the inventor of dynamite and founder of the Nobel Prizes, it has been awarded 56 times to 96 laureates. Notably, only three of these winners have been women, highlighting an ongoing disparity in the recognition of female economists.

While some purists argue that the economics prize is not a “true” Nobel Prize, it is presented alongside the others every year on December 10, coinciding with the anniversary of Nobel’s death in 1896. The announcement Monday is expected to generate significant interest and discussion worldwide, as the economics prize often reflects pressing global issues and advances in economic understanding.

As the clock ticks down to the announcement, anticipation builds among economists, scholars, and the public alike. What will this year’s prize reveal about the current state of global economics? Stay tuned for live updates and insights following the announcement.