UChicago Alum, Former Professor Wins Nobel Prize in Economics
08 October, 2018, 18:37 | Author: Myra Gill
Romer's research, the academy said, depicts how the collection of ideas sustains long-term economic growth.
Paul Romer is an economist who is also the pioneer of endogenous growth theory that argues that investment in human capital; innovation and knowledge contribute to economic growth.
Nordhaus, a longtime professor of economics at Yale University, and Romer, a former senior vice president of World Bank and now an economics professor at New York University, were announced the winners of the $1 million prize by the Royal Swedish Academy of Sciences.
The Sveriges Riksbank Prize in Economic Sciences, as it is formally known, was created in memory of Alfred Nobel in 1968.
Nordhaus, a Professor of Economics at Yale University, was the first person to create a quantitative model that described the interplay between the economy and the climate, the Swedish academy said.
Whether economics is a genuine science in the sense of the Nobels awarded for accomplishments in medicine, chemistry and physics can be debated; the award often goes to work that has a high level of abstraction.
A hoax is sweeping across Facebook, which claims people's accounts have been cloned and encourages users to share the message. If you've received a message from a friend telling you that your Facebook account has been cloned, don't be alarmed.
But Senate Majority Leader Mitch McConnell , a Republican , dismissed the prospect of lingering bitterness among senators. Kavanaugh staunchly denied the allegations, but almost all Senate Democrats voted against his confirmation.
That rare procedural maneuver left Kavanaugh with the same two-vote margin he'd have had if Murkowski and Daines had both voted. Kavanaugh's confirmation puts him on the nation's highest tribunal - but at the bottom of its ritualistic pecking order.
Despite this, the use of BBC iPlayer and catch-up on BBC channels could mean Jodie's number ends up eclipsing her predecessor. Whittaker's appearance seemed perfectly timed in the wake of the confirmation of new Supreme Court justice Brett Kavanaugh .
Consumption of food contaminated with Salmonella can cause salmonellosis, one of the most common bacterial foodborne illnesses. The illness typically lasts between four and seven days, and most people recover without medical treatment.
The Florida Panhandle is on alert as Tropical Storm Michael works its way to the northern part of the Sunshine State. This morning, Michael was about 120 miles east-northeast of Cozumel, Mexico, with maximum sustained winds of 70 mph.
When asked about the UFC's exploitation of the bus attack, White said he would do it all again, calling it "part of the story". Fans waited nearly two years to see McGregor back in the Octagon but things did not go to plan for the Dublin fighter.
A replay review failed to provide enough evidence to overturn it; the Packers thought it grazed a Lions player first. He also slammed a fourth-quarter PAT off the left upright and missed that. "This hurts a bunch, " he said .
A viral hoax is spreading across Facebook , prompting officials to warn against heeding the fake messages about cloned accounts. The company stresses that this is not related to last week's security breach.
At the Ryder Cup outside Paris last week, a spectator was struck by a wayward tee shot by Brooks Koepka . All 168 players in the field will play a round on each course, before the final round takes place at St.
There's no doubt Google will be using the Pixel 3 and Pixel 3 XL to show off all that their Android P operating system can do. We already know too much about the devices including the fact that there is not going to be a Google Pixel 3 Ultra .
USA first lady lands in Cairo as last stop in Africa trip
US first lady Melania Trump stands in front of the Sphinx as she visits the Pyramids in Cairo, Egypt , October 6, 2018. Over in Kenya, she visited an elephant orphanage where she fed baby elephants and was given a gift of one them.
Oil ends week higher ahead of Iran sactions
However, some analysts doubt that 12 million barrels a day can be reached quickly, or maintained for an extended period. Crude oil prices stayed steady Friday after a volatile week that saw the highest prices in four years.
Two Key Senators Say They’ll Confirm Kavanaugh
Two other women later emerged with sexual misconduct allegations from the 1980s, all of which Kavanaugh has denied. A final vote on whether Judge Kavanaugh will join the nine-member panel is scheduled for Saturday.