BUSINESS
U.S. Economists Hall and Woodford Win Nobel Prize in Economics

American economists Robert E. Hall of Stanford University and Michael Woodford of Columbia University were awarded the 2024 Nobel Memorial Prize in Economics for their research on economic models that help governments and central banks manage and stabilize economies during shocks.
Left5
Left-leaning outlets emphasize that the economists' work has equipped policymakers with better tools to respond to economic crises and stabilize economies, highlighting the practical policy applications of their research.
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Right1
Right-leaning coverage presents the same core facts about the award and the economists' contributions to models used by central banks and governments to manage economic shocks, without additional editorial framing.