2019 Nobel Prize Winners Announced Oct 07 -14,2019

1)Nobel Prize in Physiology or Medicine announcced  on Monday Oct 07,2019

 

 

 

2)Nobel Prize in Physics  announced  on Tuesday  Oct 08,2019

 

3) Nobel Prize in Chemistry  announced on  Wednesday Oct 09,2019

 

4)Nobel Prize in Literature   announced  on  Thursday   Oct 10,2019

 

5)Nobel Peace Prize announced on Friday Oct 11,2019

 
6)Nobel Prize in  Economics Monday Oct 14,2019

Indian-born Abhijit Banerjee of USA, French-American Esther Duflo and Michael Kremer of the US won the 2019 Nobel Economics Prize for creating an experimental approach to alleviating global poverty, the Royal Swedish Academy of Sciences said on Monday Oct 14,2019

"This year's Laureates have introduced a new approach to obtaining reliable answers about the best ways to fight global poverty," the academy said in a statement.

Esther Duflo is only the second woman to be honoured in this year's Nobel season. The Economics prize has only gone to a woman once before in its 50-year history.

The nine million Swedish crown ($915,300) economics prize is a later addition to the five awards created in the will of industrialist and dynamite inventor Alfred Nobel, established by the Swedish central bank and first awarded in 1969

Banerjee and Duflo are a husband-and-wife team, both currently professors at MIT, who cofounded the Abdul Latif Jameel Poverty Action Lab. It is a global research centre committed to injecting scientific evidence into poverty-reduction policy. Together, Banerjee and Duflo wrote the ground-breaking book "Poor Economics", which lays out empirical approaches to eradicating poverty.

Harvard professor Michael Kremer proposed the O-ring theory of economic development which helps explain international economic disparity. He is also associated with Banerjee and Duflo's Poverty Action Lab.