Economics Nobel goes to Richard H. Thaler

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2017 was awarded to Richard H. Thaler ”for his contributions to behavioural economics.” Dr. Thaler (72) has incorporated psychologically realistic assumptions into analyses of economic decision-making, a media release by Royal Swedish Academy of Sciences said. “By exploring the consequences of limited rationality, social preferences, and lack of […]

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Nawaz Sharif’s son-in-law arrested on return to Pakistan

Pakistan’s anti-corruption authorities on Monday arrested the son-in-law of ousted prime minister Nawaz Sharif from an airport here in connection with corruption cases pending against him. A team of the National Accountability Bureau (NAB) took former army captain Muhammad Safdar into custody minutes after his arrival from London at the Benazir Bhutto International Airport along with his wife Maryam Nawaz. […]

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Kazuo Ishiguro wins 2017 Nobel Literature Prize

British author Kazuo Ishiguro, best known for his novel The Remains of the Day, won the 2017 Nobel Literature Prize on October 5, the Swedish Academy said. Mr. Ishiguro, “in novels of great emotional force, has uncovered the abyss beneath our illusory sense of connection with the world,” the Academy wrote. Sixty four-year-old Mr. Ishiguro was born in Japan and […]

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