The 2018 Nobel Prize season concluded with the announcement of the prize in Economic Sciences this morning - a prize that was not an original prize envisioned by Alfred Nobel but has long been associated with the other “Nobel Prizes”. This year’s prize goes to William D. Nordhaus and Paul M. Romer for adding how the market interacts with climate change (Nordhaus) and technology (Romer) into macroeconomic models. Paul Romer was a professor in the University of California, Berkeley economics department from 1990 to 1996; this makes him the 3rd 2018 Nobel Laureate to be associated with Cal after former professor James P.
Former Cal professor Paul Romer wins 2018 Nobel Prize in Economic Sciences
