Saturday, October 07, 2017

Economics Nobel

Clarivate Analytics has announced a list of six probables for Nobel prize in Economics 2017. CA has become a household name in India because it has included Raghuram Rajan in the list.

The list contains Colin F.Camerer, George F.Louwenstein, Rober E.Hall, Michael C.Jensen and Stewart C.Myers in addition to RR. The first two are neuro / behavioural economists, the third one has researched unemployment, recessions and worker productivity. The other three are known for their brilliant work in corporate finance. In addition, Raghuram Rajan retrospectively mesmerised the world by having predicted the 2007- global economic meltdown / tailspin.

In case RR wins the Nobel which he richly deserves, the opposition in India will be gifted with a massive ammunition which it does not deserve to lambast the government for having spurned RR away from RBI.

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