Friday, April 23, 2010

Future Nobel Prizes?

The Clark Medal is given to young (under 40) economists who have made significant contributions to the field. And a significant number of Clark Medal recipients have gone on to win Nobel recognition.

Today's post on RealTime Economics, one of The Wall Street Journal blogs, talks about leading candidates for this year's Medal (announced today, I believe). Click on the links describing the work of some of these scholars. Some of it is fascinating and has some potential for classroom examples of key concepts.

I was very interested in the work on economic development.

3 comments:

Erin Janie said...

It is cool to see as just a high school student that there are so many young economic researchers out there. I've never heard of any of them before (we is my own fault for not looking up such news) but I'm very interested in all the different areas they are researching and the results of their experiments. I found the results of Duflo's experiments on development programs very interesting and almost humorous. Thanks for the info!

Brady Elizabeth Kirkland said...

It is very interesting to read about all of these successful young economists. The fact that 12 out of 30 Clark winners have gone on to be Nobel prize winners is incredible! I noticed that the oldest age for Clark winner is at 40 years old. However, the article boasted that Fryer and Chetty were far too young at 30 and 32 years old. Would you happen to know the age of the youngest ever Clark winner?

Tim Schilling said...

Brady,

It looks like Paul Samuelson, who was the first winner of the Clark Medal, was also the youngest. From the information I could gather (and it was incomplete for a couple of the recipients), Samuelson was 32 years old when he won the award in 1947.

If someone has better information, please share.