The Aporia · Nobel memorial prize in economics to be awarded in Stockholm

Nobel memorial prize in economics to be awarded in Stockholm

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Manenkov, K., & Dazio, S. (2026, October 12). Nobel memorial prize in economics to be awarded in Stockholm. Toronto Star. https://www.thestar.com/news/world/europe/nobel-memorial-prize-in-economics-to-be-awarded-in-stockholm/article_b841e6d4-f4f6-5d7f-bdf7-736fe9942579.html

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Quick Summary

The Nobel memorial prize in economics will be announced on Monday by the Royal Swedish Academy of Sciences in Stockholm. This announcement concludes this year’s series of Nobel prizes. Last year’s recipients were recognized for their work on how business innovation impacts economic growth and human welfare, despite leading to obsolescence for some companies.

Written by AI on 2026-10-12, from this article's own text only (the story summary below draws on all the coverage).

AI analysis

Story summary

Robert Hall from Stanford University and Michael Woodford from Columbia University have been awarded the 2026 Nobel Prize in Economics "for microeconomic foundations of macroeconomic stabilisation," announced by the Royal Swedish Academy of Sciences on October 12, 2026. The prize recognizes their work on developing new models that improve policymakers' ability to manage economic shocks and reduce peaks and troughs in economies. Each laureate received $1.2 million (12 million Swedish crowns), making it the final Nobel Prize for this year. Hall’s affiliation with Stanford University, California, and Woodford's connection to Columbia University, New York, underscores their contributions to economic theory and practice globally. The award highlights the advancement of stabilisation policies over traditional models that struggled during historical crises like the 1970s oil shock.

Written for “Nobel Economics Prize 2026” on 2026-11-04, grounded in this article and the 10 other(s) covering the same event.

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“Article A describes the announcement of the economics prize in Stockholm, while Article B lists all this year's Nobel Prize winners and briefly mentions the economics award.”

How this article was measured signals, leaning charts, publisher record, byline, topics and claims

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sentences that state something as happening or true

Uncertain

0 of 1 hedged ("reportedly", "may", "according to")

Leaning

not political

takes no side on a contested political question

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64/100

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Who wrote this

Kostya Manenkov

11 article(s) here · 1 carrying a prediction

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Also by Kostya Manenkov

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