marginalrevolution.com/marginalrevolution/2026/10/the-nobel-prize-goes-to-robert-hall-and-michael-woodford.html The Nobel Prize Goes to Robert Hall and Michael Woodford
Robert Hall's Nobel win was decades in the making, built on a 1978 paper showing consumption follows a random walk, upending how economists modeled spending and income. He also once proposed pegging the dollar to fertilizer, copper and plywood instead of gold.
— via Marginal Revolution, Alex Tabarrok