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What it means to win the Nobel Prize in economics
Two Americans, Stanford's Robert E. Hall and Columbia's Michael Woodford, have won this year's Nobel Memorial Prize in Economic Sciences and will split the almost $2 million prize for models that help governments maintain stability while navigating big swings in the economy. To mark the occasion, we reached out to a couple of past prize winners to hear how things have been going since. Then, we hear why some schools are paying influencers to lure in new prospects.
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The skinny
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