Lightning Strikes Twice

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

A Return to the Beloved Community

Poet and lawyer Reginald Dwayne Betts on Martin Luther King Jr.’s legacy

Harvard Overseer Candidates’ 2025 Priorities

Governing-board nominees’ perspectives on the University’s challenges and opportunities

Board of Overseers and HAA Elected Director Candidates

Slates announced for spring election

Most popular

The Immunity Engineer

Teaching T-cells to kill cancer—and other feats of biomedical science

Caring for the Caregivers

What it's like to look after a loved one with dementia

Harvard Overseer Candidates’ 2025 Priorities

Governing-board nominees’ perspectives on the University’s challenges and opportunities

Explore More From Current Issue

The Needs of Dementia Caregivers

What it's like to look after a loved one with dementia

From Harvard-Trained Architect to Miniature Diorama Builder

Fred Gevalt’s astonishing and intricate diorama

Museum of Printing Massachusetts

A unique museum in Haverhill, Massachusetts, offers a history of graphic arts.