Michael Kremer wins Nobel Prize in economics

Professor Michael Kremer shares the Sveriges Riksbank Prize in Economic Sciences with two scholars from MIT.

Image of a Nobel Prize medal

      

Last Monday, a Harvard faculty member and an alumnus shared the 2019 Nobel Prize in physiology or medicine with a third scholar. Today, another Harvard faculty member and another alumnus did the same: Gates professor of developing societies Michael Kremer ’85, Ph.D. ’92, and Abhijit Banerjee, Ph.D. ’88, Ford Foundation international professor of economics at MIT, won the 2019 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel with Esther Duflo, Abdul Latif Jameel professor of poverty alleviation and development economics at MIT. (Banerjee and Duflo are now the fifth married couple to have shared the prize in the same field.) The trio were honored “for their experimental approach to alleviating global poverty.”

Read earlier Harvard Magazine coverage of Professor Kremer’s research here; in a turn-of-the-millennium roundtable on the world’s poor; on dictatorship here; on the policy innovations that contributed to the Nobel, here; and on coverage of Kremer’s fellow laureates and their work together.

 

You might also like

Teaching Through War With AI

Harvard Graduate School of Education students examine the use of AI in wartime Ukraine.

Harvard Students Restore the Old Burying Ground

Members of the Hasty Pudding Institute help revive the graves of former Harvard presidents.

New Faculty Deans Announced for Currier House

Education professor Nancy Hill and her husband Rendall Howell will start their roles in July.

Most popular

How Measles Causes Immune Amnesia

Michael Mina explains “immune amnesia” and the lasting impact of infection.

Martin Nowak Sanctioned for Jeffrey Epstein Involvement

The Faculty of Arts and Sciences announces disciplinary actions.

Why Men Are Falling Behind in Education, Employment, and Health

Can new approaches to education address a growing gender gap?

Explore More From Current Issue

Black and white photo of a large mushroom cloud rising above the horizon.

Open Book: A New Nuclear Age

Harvard historian Serhii Plokhy’s latest book looks at the rising danger of a new arms race.

Cover of "Harvard's Best" featuring a woman in a red and black gown holding a sword.

A Forgotten Harvard Anthem

Published the year the Titanic sank, “Harvard’s Best” is a quizzical ode to the University.

A bald man in a black shirt with two book covers beside him, one titled "The Magicians" and the other "The Bright Sword."

Novelist Lev Grossman on Why Fantasy Isn’t About Escapism

The Magicians author discusses his influences, from Harvard to King Arthur to Tolkien.