Market Failure and Nobel Prize
Despite the controversy it causes from time to time, the laureates that the Nobel Prize committee select to receive the Sveriges Riksbank Prize in Economic Sciences always reflect the issues that have been relevant to the world that particular year.
.
Despite the controversy it causes from time to time, the laureates that the Nobel Prize committee select to receive the Sveriges Riksbank Prize in Economic Sciences always reflect the issues that have been relevant to the world that particular year.
This is strongly so with the Nobel Peace Prize recipients this year: Congolese doctor Denis Mukwege and Iraq’s Yazidi activitst Nadia Murad. Mukwege is an obstetrician known for his lifelong dedication to treating victims of wartime sexual crimes, while Murad is a former Islamic State (IS) sex slave who is now a prominent human rights activist. Both are widely acclaimed for their roles in fighting against the use of sexual crimes during war and armed conflicts.