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"for his achievements in the fields of consumption analysis, monetary history and theory and for his demonstration of the complexity of stabilization policy"

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Source: nobelprize.org

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Q: Why did Milton friedman win the Nobel Prize?
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Why did Milton Friedman win The Prize in Economic Sciences in 1976?

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1976 was awarded to Milton Friedman for his achievements in the fields of consumption analysis, monetary history and theory and for his demonstration of the complexity of stabilization policy.


Who is the first Asian to win the Nobel Prize for Economics?

Dr. Amartya Sen is the first Indian to get a Nobel Prize for Economics.


Who was the first American to win a Nobel Prize in economics?

The Nobel prizes are awarded for Peace, Literature, Chemistry, Physiology or Medicine, and Physics. There is not a category for Economics in the list of the awards which were established by the will of Alfred Nobel. There is an award called the Nobel Memorial Prize in Economic Sciences, officially named The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel. This prize was established in 1968. The first American to be awarded this prize was Paul Samuelson.


Why did Edmund S. Phelps win The Prize in Economic Sciences in 2006?

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2006 was awarded to Edmund S. Phelps for his analysis of intertemporal tradeoffs in macroeconomic policy.


Why did James Tobin win The Prize in Economic Sciences in 1981?

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1981 was awarded to James Tobin for his analysis of financial markets and their relations to expenditure decisions, employment, production and prices.

Related questions

What Nobel Prize did Milton Friedman win and when was it awarded?

Milton Friedman won The Prize in Economic Sciences in 1976.


What Nobel Prize did Jerome I. Friedman win and when was it awarded?

Jerome I. Friedman won The Nobel Prize in Physics in 1990.


Why did Milton Friedman win The Prize in Economic Sciences in 1976?

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1976 was awarded to Milton Friedman for his achievements in the fields of consumption analysis, monetary history and theory and for his demonstration of the complexity of stabilization policy.


Did gabriel Fahrenheit win a Nobel Prize?

Gabriel Fahrenheit did not win a Nobel prize.


What did madam currei win the Nobel Peace Prize for?

She did not win the Nobel Peace prize


Did Louis Pasteur win a noble prize?

Louis Pasteur did not win a nobel prize because there was no nobel prize before he died.


Did Mendel win a nobel prize?

No, the Nobel Prize was made after mendel's death.


Did Alfred Nobel win the Nobel Prize in chemistry?

No, Alfred Nobel never won the Nobel Prize, because he, the inventor of dynamites, was the one who created the Nobel Prize.


What prize did king win?

The Nobel Peace prize!


What did ernest win the Nobel Prize for?

For the study of radioactivity ... He won the Nobel Prize in Chemistry.


Why did Jerome I. Friedman win The Nobel Prize in Physics in 1990?

The Nobel Prize in Physics 1990 was awarded jointly to Jerome I. Friedman, Henry W. Kendall and Richard E. Taylor for their pioneering investigations concerning deep inelastic scattering of electrons on protons and bound neutrons, which have been of essential importance for the development of the quark model in particle physics.


Did Laura Ingalls Wilder win the Nobel Prize?

No. She was a finalist for several children's book awards, but did not win the Nobel Prize.