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October 22, 2007

University of Minnesota Economics Professor Wins Nobel Prize

University of Minnesota economics professor Leonid Hurwicz joined a select few last week when he was one of three Americans awarded the Nobel Prize in Economics. Hurwicz spent his career at the U of M creating theories that helped set rules for transactions ranging from auctions to elections, elevating the economics department to the national stage. At age 90, the oldest recipient of a Nobel Prize, Hurwicz had a hard time at first believing he had won.

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Posted by Andrew Swain on October 22, 2007 7:26 AM | Permalink