OK, the Nobel Memorial Prize in economics was awarded today to three American men - Eugene Fama, Lars Peter Hansen, Robert Shiller. The Nobel committee cited their research in the predictability of stock prices, as well as other asset prices. We're going to find out more now from Zoe Chace of NPR's Planet Money team. She's on the line. Hi, Zoe.
ZOE CHACE, BYLINE: Hi, Steve.
INSKEEP: Each of these guy's names is a little familiar, I think to the layman, especially maybe Shiller. Who are they?
Later this morning, the winner of the Nobel Prize in Economics will be announced in Sweden. Unlike some other Nobel Prizes we've heard about in recent days, this one comes with an asterisk. And NPR's Robert Smith is covering the story. He's in New York. Hi, Robert.
ROBERT SMITH, BYLINE: Hey, it's good to be here.
INSKEEP: Why is there an asterisk over the Nobel Prize in Economics?
It's MORNING EDITION from NPR News. I'm Renee Montagne.
STEVE INSKEEP, HOST:
And I'm Steve Inskeep. Good morning. This year's Nobel Prize in Chemistry will be shared by three scientists who took chemistry inside the world of computing. This powerful technology is now used to develop drugs and perform all sorts of vital tasks in chemistry. The three winners were all born overseas but collaborated in the United States and elsewhere in the 1970s, where they started their work.
OK. This year's Nobel Prize for Physiology or Medicine will go to three scientists who have figured out how cells package up material - like hormones - and how they deliver those materials to other cells. This is one of the most basic functions for living cells and diseases can result when the machinery goes awry, so it's important to understand.
Originally published on Sun October 6, 2013 9:07 am
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