Gallery of Nobel laureates
MIT School of Humanities, Arts, and Social Sciences
 

2021 | Joshua Angrist

Ford Professor of Economics; Director, Blueprint Lab 

Angrist was cited for his work establishing new methods of conducting “natural experiments” in economics — studies using data in which otherwise similar groups of people are separated by crucial variables, allowing researchers to better understand cause and effect in complex social situations. Natural experiments, as the Nobel citation states, are “a rich source of knowledge. Their research has substantially improved our ability to answer key causal questions, which has been of great benefit to society.” Angrist is honored along with David Card and Guido Imbens.

Story at MIT News

MIT press conference webcast

Blueprint Labs

Coverage in The New York Times

2019 | Abhijit Banerjee and Esther Duflo

Professors, Economics; Directors, Abdul Latif Jameel Poverty Action Lab 

MIT professors Banerjee and Duflo, whose work has transformed poverty alleviation research and policy, won the 2019 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, sharing the prize with a longtime affiliate, economist Michael Kremer of Harvard. In their work, they have applied the precision of laboratory-style randomized control trials while examining the many attributes of poverty and developing effective poverty alleviation programs.

Video: Press Conference at MIT
Story at MIT News
J-PAL Website
Profile at NobelPrize.org

2016 | Bengt Holmström
Professor, Economics

MIT professor Holmström, along with Harvard economist Oliver Hart, was awarded the 2016 Nobel Prize for Economic Sciences in recognition of his work in the field of contract theory.

Video + Stories | MIT News story

Profile at NobelPrize.org | Prize Lecture Slides

Holmstrom's website
 

2014 | Jean Tirole
Alumnus, Former and Visiting Professor, Economics

Tolouse School of Economics Professor, MIT Economics alumnus, former professor, and current visiting faculty Jean Tirole was awarded the Nobel Prize for Economic Sciences in recognition of his analysis of market power and regulation. (Photograph:The Guardian)

New York Times story

Tirole's website

2010 | Peter Diamond
Professor Emeritus, Economics

With two other economists, Professor emeritus Peter Diamond was awarded the Nobel Prize for Economic Sciences in recognition of his analysis of markets with search frictions.

MIT News story

Profile at NobelPrize.org

Diamond's website
 

2008 | Paul Krugman
Alumnus and Former Faculty, Economics

Paul Krugman, MIT Economics PhD and former faculty member, was awarded the 2008 Nobel Prize for Economic Sciences in recognition of his analysis of trade patterns and location of economic activity.

New York Times Story | MIT News story

Profile at NobelPrize.org | Prize Lecture

Krugman's website

1987 | Robert Solow
Institute Professor Emeritus, Economics

Institute Professor emeritus Robert Solow was awarded the Nobel Prize for Economic Sciences in recognition of his contributions to the theory of economic growth.

MIT News: 3Q with Robert Solow

Profile at NobelPrize.org

 

1985 | Franco Modigliani
Professor, Economics

Professor Franco Modigliani (1918–2003) was awarded the Nobel Prize in Economic Sciences for his pioneering analyses of savings and financial markets.

MIT News obituary

Profile at NobelPrize.org

 

1970 | Paul Samuelson
Professor, Economics

Professor Paul Samuelson (1915–2009) was awarded the Nobel Prize for Economic Sciences in recognition of the work through which he developed static and dynamic economic theory and contributed to raising the level of analysis in economic science.

MIT News: Friends, family gather to honor Paul Samuelson

Profile at NobelPrize.org
 

In addition to faculty and former faculty, alumni of the Department of Economics who have received the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel include Robert J. Schiller (2013). 

For a list of MIT Nobel laureates in all fields visit the Institutional Research website.