Nobel prize given to three US-based economists
Fox News
A U.S.-based economist won the Nobel prize for economics Monday for pioneering research that showed an increase in minimum wage does not lead to less hiring and immigrants do not lower pay for native-born workers, challenging commonly held ideas. Two others shared the award for creating a way to study these types of societal issues.
The Royal Swedish Academy of Sciences said the three have "completely reshaped empirical work in the economic sciences."
"Card’s studies of core questions for society and Angrist and Imbens’ methodological contributions have shown that natural experiments are a rich source of knowledge," said Peter Fredriksson, chair of the Economic Sciences Committee. "Their research has substantially improved our ability to answer key causal questions, which has been of great benefit for society."
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After successfully confirming his most controversial picks for top Cabinet roles, the Senate is on track to push them all past the finish line—and in record time.
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Hunter Schafer, a transgender actor and star of the HBO series “Euphoria," revealed that her new passport was issued with a male gender marker.
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Toyota's experimental Woven City is a fully functional environment for people to live, work and play while doing research.
After successfully confirming his most controversial picks for top Cabinet roles, the Senate is on track to push them all past the finish line—and in record time.
Families are one of the building blocks of our society. The Trump administration could help working families a great deal by strengthening the tax code and Child Tax Credit.
Idaho lawmakers have passed the next hurdle to make firing squad the main method of execution in the state, months before Bryan Kohberger's murder trial.
Hunter Schafer, a transgender actor and star of the HBO series “Euphoria," revealed that her new passport was issued with a male gender marker.
'Cult mom' Lori Vallow is objecting to TV coverage of her upcoming Arizona murder trial, citing claims of defamation and misleading coverage.