Israeli American economist Joshua Angrist was awarded Monday the 2021 Nobel Memorial Prize in Economic Sciences jointly with Canadian and Dutch American economists David Card and Guido Imbens, "for their methodological contributions to the analysis of causal relationships."
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Angrist worked as a professor at The Hebrew University of Jerusalem between 1995-1996 and 2004-2005. He is currently a professor at the Massachusetts Institute of Technology.
Angrist is the third Israeli to ever win a Nobel Prize in Economics. The first one was Daniel Kahneman in 2002, and the second - Robert Aumann in 2005.
The Royal Swedish Academy of Sciences – the body that awards the prize – said the three have "completely reshaped empirical work in the economic sciences."
BREAKING NEWS:
The 2021 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel has been awarded with one half to David Card and the other half jointly to Joshua D. Angrist and Guido W. Imbens.#NobelPrize pic.twitter.com/nkMjWai4Gn— The Nobel Prize (@NobelPrize) October 11, 2021
Unlike the other Nobel prizes, the economics award was not established in the will of Alfred Nobel but by the Swedish central bank in his memory in 1968, with the first winner selected a year later. It is the last prize announced each year.
Last week, the 2021 Nobel Peace Prize was awarded to journalists Maria Ressa of the Philippines and Dmitry Muratov of Russia for their fight for freedom of expression in countries where reporters have faced persistent attacks, harassment and even murder. Ressa was the only woman honored this year in any category.
The Nobel Prize for literature was awarded to Britain-based Tanzanian writer Abdulrazak Gurnah, who was recognized for his "uncompromising and compassionate penetration of the effects of colonialism and the fate of the refugee."
The prize for physiology or medicine went to Americans David Julius and Ardem Patapoutian for their discoveries into how the human body perceives temperature and touch.
Three scientists – Syukuro Manabe, Klaus Hasselmann and Giorgio Parisi – won the physics prize for work that found order in seeming disorder, helping to explain and predict complex forces of nature, including expanding our understanding of climate change.
Benjamin List and David MacMillan won the chemistry prize for finding an easier and environmentally cleaner way to build molecules that can be used to make compounds, including medicines and pesticides.
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