Economics

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Adapting microfinance to the 21st century
The father of microfinance, economist Muhammad Yunus, discusses the future of the microlending industry.
U.S. economy to ‘grow’ 3% under new GDP calculation
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The U.S. economy will grow by 3 percent this summer, due to a change in the data used to calculate GDP.
The Excel mistake heard round the world
The flurry of budget deficit reduction talks we've heard in the past three years was based on faulty research–an Excel spreadsheet mistake.
American Airlines grounded; economists make Excel mistake
A computer glitch and an Excel mistake each made today's news.
Raj Chetty: Exploring how the economy works in real life
Raj Chetty just won the John Bates Clark Medal for economists under the age of 40. We walk with him through one of his experiments that shed light on how people make economic decisions.
Does the language you speak affect how much you save?
An economics professor at Yale has found the way a speaker uses the future tense can affect their likelihood of saving.
Nobel prize-winner Alvin Roth: ‘Certainly didn’t see it coming’
Stanford economist Alvin Roth shares this year's Nobel Prize for Economics for his work designing and creating markets where there were none.
Nobel awarded for economics of matchmaking
HENRIK MONTGOMERY/AFP/GettyImages
This year's Nobel Prize in economics goes to a pair of researchers who've worked in the field of matching people to the things they want, in markets like health care and employment.
Nobel Prize in Economics: A history of winners
It's best known as the Nobel Prize for Economics, but the official name of the award handed out today for the 44th time is The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel. A list of past winners.
Nobel Prize awarded to two Americans
This year's Nobel Memorial Prize in Economics goes to Americans Alvin Roth and Lloyd Shapley for their work in allocation systems known as "market design."

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