Nobel Economic Sciences Prize Winners

Meet four Nobel Prize-winning economists and learn what they have to say about globalization, economic crises and capitalism.

The Return of Depression Economics and the Crisis of 2008

Paul Krugman

W.W. Norton, 2008


If governments can make calm decisions and if investors don’t panic, economies can recover from all kinds of mayhem.
Animal Spirits

George A. Akerlof and Robert J. Shiller

Princeton UP, 2009


A provocative psychology-based proposal to rethink the fundamental principles of economics.
Making Globalization Work

Joseph E. Stiglitz

W.W. Norton, 2006


Why does globalization get a bad rap? Can it be fixed? Well, being better managed would be a good start.
Capitalism and Freedom

Milton Friedman

University of Chicago Press, 2002


Ask not what economist Milton Friedman believes: this 1962 classic made him an oracle for traditional economics.