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

Lafayette’s Unexpected Gift to George Washington: Pheasants

The two birds will be on display at Harvard this summer.

Government Seeks to Move Funding Case to Contracts Court

In a new appellate brief, the Trump administration shifts its argument for rescinding Harvard’s grants.

Harvard Graduate Student Workers Strike

Union demands higher pay, protections for non-citizen members, and changes to the harassment complaint process.

Most popular

AI Outperforms Doctors in Emergency Room Tasks, New Harvard Study Shows

Researchers say the technology could help physicians with triage, diagnosis.

Why Some Citizens Reject Science

Bridging the gulf to science deniers

Why Is Silicon Valley Turning Conservative?

At the Harvard Kennedy School, Van Jones analyzes how Democrats lost the tech industry’s vote.

Explore More From Current Issue

Historical scene depicting a parade with soldiers and a town square in the background.

When the Revolution Hit Cambridge, Harvard Moved to Concord

College students broke hearts and windows during their year in exile.

Alene Anello smiling surrounded by four chickens in a natural outdoor setting.

Harvard-trained Lawyer Fights for the Rights of Chickens

Alene Anello wants to apply animal cruelty laws to birds raised for meat.

Colorful illustrated map of Colonial Cambridge and the Harvard College campus featuring buildings of the campus, houses, Cambridge Common, and the Charles River

250 Years Ago, Harvard Was Home to a Revolution

A look at the sights, sounds, and characters that put the University on the frontlines of history