There is arguably no award more recognized in the academic and
professional worlds than the Nobel Prize. The public pays attention
to the prizes in the fields of economics, literature, and peace
because their recipients are identified with particular ideas,
concepts, or actions that often resonate with or sometimes surprise
a global audience. The Nobel Prize in Economic Science established
by the Bank of Sweden in 1969 has been granted to 64 individuals.
Thomas Karier explores the core ideas of the economic theorists
whose work led to their being awarded the Nobel in its first forty
years. He also discusses the assumptions and values that underlie
their economic theories, revealing different and controversial
features of the content and methods of the discipline. The
Nobelists include Keynesians, monetarists, financial economists,
behaviorists, historians, statisticians, mathematicians, game
theorists, and other innovators.