Oliver Willamson and Elinor Ostrom will share the sum of 1.4 million dollars or 10 million Swedish kronor as they have been jointly honored as the recipient of 2009 Nobel Prize in the field of Economics. The Nobel Prize Committee has honored the two economists of the United States for their outstanding achievement in their respective fields.
In a speech, the Royal Swedish Academy of Sciences in Stockholm, stated that Elinor Ostrom has given the demonstration on the ways by which the associations can make use of the common property. Referring to Oliver Willamson’s works, the Academy stated he has, “developed a theory where business firms serve as structures for conflict resolution.” Nobel laureate Elinor Ostrom and Oliver E. Williamson will now share the stand with other world famous economists who had received the Nobel Prize in the past years. Oliver E. Williamson was a professor at California Berkley University. The other recipient of the same award Elinor Ostrom is a professor of Indiana University.
The Organisation for Economic Co-operation and Development (OECD) has partnered with Linköping University to create this rather powerful analytical tool which they call the OECD Factbook eXplorer. First-time visitors can start using the site by going over to the "Dashboard" area on the right-hand side of the page and clicking one of the thematic "stories". These "stories" contain brief introductions to several key issues: labor market policies and labor participation fertility. Visitors can read through these themes to learn about the scatter plot screen, the time-series data, and the interactive map on the far left-hand side of the screen. After that, visitors can use the "Indicators" tab on the top of the homepage to load up one of the data files from the OECD and display it via the interactive map and the scatter plot screen. There's also a "Help" feature that can help users navigate the various options presented on this site. Overall, the eXplorer site will take time getting used to, but it will be most useful to policy analysts and others with an interest in development issues. (from Scout Report)
Women Want More: How to Capture More than Your Share of the Female Economy
One billion women participate in the workforce worldwide, and over the next several years they will spend an incremental $5 trillion or more on goods and services—a sum that is bigger than any country’s bailout package.
Shai Agassi doesn't merely want to make electric cars -- he wants to rid the world of oil. In less than a year, he has launched the fifth largest startup of all time, with $200 million in committed capital and two countries to act as beta testers.
For anyone looking for a vast cornucopia of economic statistics culled from all over the world, they need look no further than the EconStats website. The homepage is a bit visually cluttered, but one couldn't ask for better and more complete data, as visitors can quickly access a wide range of economic data from the United States, such as information about inflation, unemployment levels, productivity, new factory orders, and the price of crude oil. The homepage also contains links to economic data from Canada, Britain, Germany, the European Union, France, Italy, Russia, and China. On the right-hand side of the page, visitors can click through to interest rates for dozens of countries, check in on various stock markets, and look up commodity and futures prices. Those individuals looking for quick help with pressing questions can post queries to the "Econ Chat" section of the homepage.
Here you find a list of my favorite statistical resources on the Web:
Adam Smith published the famous book "An Inquiry into the Nature and Causes of the Wealth of Nations" in 1776. It shows that the wealth of a nation lies not in the amount of gold in its treasury, but in the productive enterprise of its people. It argues for an end to restrictions on trade, competition and commerce. Highly influential, the book laid the intellectual foundations of the great Nineteenth-Century era of liberal free trade.
Mint.com-- India’s history, geography, religious and ethnic makeup, and culture are vastly different to the US and yet the two countries maintain a close relationship. Our infographic is designed to provide an at-a-glance view of the most important economic dimensions of the US and India and a few less important but fun ones too. Hence the lack of scale or numbers. In order to help compare and contrast the economic differences, we have simplified the data from the CIA World Factbook and Nationmaster.com . For the exact numbers in any category, checkhereandhere.
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