>"Economists whose work looking at whether increasing the minimum wage creates more jobs was ridiculed for years have won a Nobel _...Read More_

>"David Card, Joshua Angrist and Guido Imbens were honored for delving into cause and effect in ways that shed light on labor _...Read More_

"You want to look at both the benefits and cut the costs," Musk said. "You don't want the cure to be worse than disease."

Coca-Cola has weighed in this year, too, before and after Brian Kemp, Georgia’s Republican governor, signed a new law on March 31st that critics said would suppress black voters. The firm’s discreet efforts to soften aspects of the bill _...Read More_

>"Economics is a discipline that has been strangled by conservative credentialism. Saving the profession from itself requires more than symbolic action—it’s time to get rid of the gatekeepers."

Economists like to blame politics for getting in the way when their predictions don’t work out as expected.

>"Their big contribution was that auctions aren't just auctions. How an auction is designed matters enormously for what it does."

>"The work of Paul Milgrom and Robert Wilson is used in the sale of airport slots and radio spectrums."

[https://www.google.com/amp/s/theconversation.com/amp/making-auctions-work-the-winning-ideas-behind-this-years-nobel-prize-in-economics-147981](https://www.google.com/amp/s/theconversation.com/amp/making-auctions-work-the-winning-ideas-behind-this-years-nobel-prize-in-economics-147981)

"Nobel Prize in economics awarded to Paul Milgrom and Robert Wilson for auction theory."

>"Rolling coverage of the latest _...Read More_