20 18 who won the nobel prize in economics?

20 18 the nobel prize in economics was awarded to William. Nordhaus and Paul Romer.

Nordhaus 194 1 Born in Albuquerque, USA, is currently a professor of economics at Yale University. Romer 1955 was born in Denver, USA. He is currently a professor at Stern Business School of new york University.

Nordhaus's research is closely related to "climate change" and involves the interaction between social and natural. He created a quantitative model to describe the interaction between global economy and climate, which integrated the theoretical and practical achievements of physics, chemistry and economics. Nordhaus devoted himself to the study of the interactive relationship between environment and economy, which showed how human beings ignored the disastrous high cost caused by inaction.

Romer is the most important founder of the new growth theory. Because of Romer's contribution to the new growth theory, he was named one of the 25 most influential figures in the United States by Time magazine from 65438 to 0997, and was elected as an academician of the American Academy of Humanities in 2000. He is also a member of the Executive Committee of the American Economic Association and a researcher at the Center for Advanced Research in Behavioral Science.

At present, he is a senior member of the Econometrics Society and a researcher at the National Institute of Economics, a professor of economics at Stanford University and a senior researcher at the Hoover Institution. Paul krugman called Romer "the most influential economic theorist in 1980s".