Nobel Prize in Economics 2025: Date, Time, and Possible Winners

BarcelonaThe Nobel Prize in Economics, awarded by the Swedish Academy on behalf of the Swedish Central Bank, will be presented on Monday, October 13th at 11:45 a.m. The 2024 Nobel Prize winners were: TurkeyDaron Acemoglu and the BritishSimon Johnsonand James A. Robinson for their research on "how institutions are formed and how they affect the prosperity" of citizens in various countries, according to the jury's statement. The three economists had been regular contenders for the prize for years, especially Acemoglu and Robinson, authors of the book Why nations fail(published in Spanish by Deusto asWhy countries fail), a bestseller in economics.

In 2023 the winner was the American economist Claudia Goldin for her work on the integration of women into the workforce. A year earlier, former Federal Reserve Chairman Ben Bernanke won the prestigious award alongside his compatriots Douglas Diamond and Philip Dybvig for their study of financial crises, a decision by the Academy considered controversial given Bernanke's role as the agency's top official.

11 million crowns

The prize is worth 11 million Swedish kronor (approximately 934,243 euros). However, this prize was not created by Alfred Nobel, but was first awarded in 1969 by the Bank of Sweden under the name of the Swedish Bank Prize of Honor in Economic Sciences in Memory of Alfred Nobel, with the consent of the Nobel Foundation. The Nobel Prize in Economics was first awarded to economists Ragnar Frisch and Jan Tinbergen for developing and applying dynamic models to the analysis of economic processes.