October 2011 Archives
Today's announcement that the Nobel Prize in economics is being awarded to two economists with ties to the University of Minnesota further burnishes the U's reputation in "the dismal science." Economics as a discipline now claims more laureates from the U than any other discipline. The U now ranks second among public research universities with ties to economic laureates.
Two former University of Minnesota Department of Economics faculty - Thomas Sargent, HHEI board member and professor at New York University, and Christopher Sims, professor at Princeton University - have been awarded the 2011 Nobel Memorial Prize in Economic Sciences "for their empirical research on cause and effect in the macroeconomy."