Canadian-born David Card, American Joshua Angrist and Dutch-American Guido Imbens have been the three economists who gained the Nobel Prize in economics on Monday.
They gained for pioneering “pure experiments” to indicate the real-world financial impacts in areas from minimal wage will increase within the U.S. fast-food sector to migration from Castro-era Cuba.
Card, who at the moment works on the College of California, Berkeley, initially thought a buddy was taking part in a sensible joke when he received the decision from Sweden.
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Nobel prize is piece of garbage.
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If wages go up there is unemployment. They know that. The only way there is no employment effect is IF employers lower their profits therefore leading to an economic stagnation, no growth = less employment, less technological advancement. And when we talk about employers it's important to keep in mind that small and medium sized businesses are the leading employers in a nation. That is your mom and pops stores around the country. Not the 1%. We should focus on what the fed and central banks are doing affecting the economy then focus on employers. Because at the end of the day government is our problem. Not business.
💋..Gentlemen and Ladies…💌
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The day you don’t need to win the Noble Peace prize is the day you know the world doesn’t need them for peace !
Don't buy anything you can't afford or even need. Where's my Nobelpeace prize…oh wait do I need to random drone strike innocent people first..
Waiting for Jordan Peterson to win a Nobel Prize so media has to acknowledge he exists.
Nobel Prize is compromised. They give awards only to shills and propaganda tools
Don't think to much is bad for your health..
Noble prize is a joke. Anybody could get it if you support the vax
Anybody can get this prize. Just push the narrative
It’s ridiculous how political the Nobel committee has gotten in the way of real economics.
Just look at these bums that have never worked hard a day in there lives
Intellectweb are the best
Great work from they added funds to my PayPal making me and independent single mom of three kids
I'm.. 50 a.n.d m.y. husband 54 we are both retired with over $3 million in net worth and no debt's. Currently living smart and frugal with our money.serving and investing life style in the stock market made it possible for us this early even till now we earn weekly. Thanks to fire movement.
The way things are going nowdays shocks me alot
One thing is for sure, he didn’t teach or advise Trudy.
Whenever someone advocates socialism, I conclude that he's a weak political thinker.
Canada is a communist country now. Arresting and jailing pastors. I would expect that in North Korea not Canada.