Two American Economists Bag 2020 Noble Prize

Two American economists won the prestigious 2020 Noble prize for Economic Sciences, in memory of Alfred Nobel.

The Royal Swedish Academy of Sciences has said that “It awarded the prize to Paul R. Milgrom and Robert B.wilson for “the Improvements to auction theory and inventions of new auction formats”. The awardees will equally split their prize amount of $1.1 million.

Usually, the field of Economic science does not exist in  Alfred Nobel’s Will, and it was uniquely created in 1968 by the Sweden central bank in remembrance of Alfred Nobel to mark its 300th anniversary. It was awarded in 1968 and has been funded by the Sweden central bank since then.

The three honorable scientists, two are Americans, and one from Briton has shared the medicine prize for their invention of the Hepatitis C Virus.

Three other scientists, who are a Briton, American, and german have won the physics prize for their discoveries related to Black holes.

The Nobel prize for chemistry awarded to two scientists American and French scientists, for their ‘Developing method of gene editing.’

An American poet who also won the Nobel prize in Literature for an ‘Unmistakable Poetic Voice that with austere beauty makes individual existence universal.’

The World Food Program(WFP) has also won the Nobel prize for its efforts to combat the threat of hunger.

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