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Former U of M economists win Nobel Prize
Posted by: Eric Wieffering under Economics, Notable Minnesotans in business Updated: October 10, 2011 - 11:21 AM
Thomas Sargent of New York University and Christopher Sims of Princeton University were awarded this year's Nobel Prize for economics.
Both men are former professors at the University of Minnesota. Sargent is a current member of the U of M Heller-Hurwicz Economics Institute board.
Sargent and Sims' research has focused on explaining why economies respond the way they do to intervention by central banks or other government authorities.
Art Rolnick, former director of research for the Minneapolis Fed, has interviewed both men. You can find his interview with Sargent here, and his 2007 discussion with Sims here.
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