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

Plans for a Faculty Senate Move Forward

And annual awards for excellence in teaching, advising, mentoring, and scholarship

An Original Magna Carta, Hidden in Plain Sight

A rare original surfaces at Harvard at an “almost providential” moment. 

Harvard Discloses Top Administrator and Investment Manager Compensation

Investment pay drops—top six managers’ earnings total a little more than $25 million

Most popular

The New Gender Gaps

What to do as men and boys fall behind

Danielle Allen Debates Far-Right Blogger Curtis Yarvin

Popular monarchist debates Allen on democracy.

Harvard President Responds to Secretary of Education

Alan Garber outlines steps the University has taken, and emphasizes compliance with the law.

Explore More From Current Issue

Making Green Energy Projects Financially Viable

A proposed “green” swap enables decarbonization of emerging market development projects.

Harvard Wireless club

Student ham enthusiasts turn back time.

Children's Books from Ann Kim Ha

Ann Kim Ha’s poignant children’s books