This morning, I was so happy to hear Oliver Williamson won this year's Nobel prize in economics, together with Elinor Ostrom. I have been wanting and actively betting him to win over the last five years, at least. Now he finally got it. But I was a little surprised that Armen Alchian and Oliver Hart were not included, giving their equal contribution to the Firm Theory. Maybe they will be recognized later.
Search within blog:
asset bubble auto banking bubble business cycle China commodities contagion crisis Currency debt debt crisis deflation economics Economy emerging markets EU euro Europe exchange rate Fed forecasting FX gold Great Deleveraging growth history Housing housing bubble Inflation interview Investing investment Japan labor market Monetary policy Real estate Recession recovery technology Unemployment United States video Wall Street Yuan