Who Will Win the 2003 Nobel Prize in Economics?

On Wednesday October 8th the winner(s) of the The Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel will be announced. You do not need to be an economist to win the award; anyone who has made major contributions to the field of economics is eligible provided they meet three conditions. Those conditions are:

1. They are still alive.
2. They have not won the award before.
3. They are nominated by anyone eligible to make a nomination.

The list of those nominated is never released to the public. While we don't know who has been nominated, we can determine who the major candidates to win the award are. By examining the life and work of famous living economists who have not won the award, we can narrow the likely candidates down to a few choices. There is no guarantee that the person(s) the Nobel committee will pick will be on this list, but these are the major candidates.

I've created biographies of the six candidates whom I feel are the most likely to win. When you click on their name, you'll see their major accomplishments and the reasons why they may or may not win the award in 2003. Those six candidates, in alphabetical order (by last name) are:

1. Robert Barro

2. William Baumol

3. Eugene Fama

4. John Kenneth Galbraith

5. Edward C. Prescott

6. Gordon Tullock

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