Hall and Woodford win Nobel economics prize for work on macroeconomic stabilisation
One Turn followed this story across 6 editions, from IceCube Neutrino Observatory, South Pole on October 6, 2026. Newest first.
The economics prize is awarded by the Royal Swedish Academy of Sciences. Woodford is known for influential work on monetary policy rules, and Hall for research on business cycles and labour markets.
American economists Robert Hall and Michael Woodford jointly won the Nobel Memorial Prize in Economic Sciences. They were honoured for work on the microeconomic foundations of macroeconomic stabilisation.
Why it matters: Their research underpins how central banks set interest rates and manage recessions worldwide.
American economists Robert Hall and Michael Woodford jointly received the Nobel Memorial Prize in Economic Sciences. They were honoured for work on the microeconomic foundations of macroeconomic stabilisation.
Why it matters: Their research underpins how central banks think about steering economies through recessions and inflation.
The Swedish Academy honoured Anne Carson for an inventive body of work in dialogue with the classical tradition. Her writing blends poetry, essay and translation.
Why it matters: The prize brings global attention to Canadian literature and to experimental forms of poetry.
Anne Carson was awarded the Nobel Prize in Literature. The academy praised her inventive work in dialogue with the classical tradition that created new literary forms.
Why it matters: The prize brings global attention to a poet and classicist known for blending genres.
Belgian physicist Francis Halzen of the University of Wisconsin–Madison won the Nobel Prize in Physics for his contributions to the IceCube Neutrino Observatory and the discovery of high-energy astrophysical neutrinos.
Why it matters: The prize recognises a new way of observing the universe through neutrinos rather than light.
Belgian physicist Francis Halzen of the University of Wisconsin–Madison won the Nobel Prize in Physics for his role in the IceCube Neutrino Observatory and the discovery of high-energy neutrinos from space.
Why it matters: The prize recognizes neutrino astronomy as a new way to observe the most energetic events in the universe.