Joel Mokyr won the 2025 Economics Nobel as a historian of scientific ideas

Why some nations reach economic success and others don’t

The 2024 Nobel Prize in Economics winners, Daron Acemoglu, Simon Johnson, and James A. Robinson, were honored for their compelling research on the factors that influence a nation’s prosperity. Spanning two decades, their work presents insights into how societal organization can explain the income discrepancies between different countries. In general, their research shows that economic success favors more free and open societies. Listen for more fascinating insights.

Winning a Nobel in economics takes decades of impact and a Swedish stamp of approval

The Nobel Memorial Prize in Economic Sciences isn’t one of the original five prizes in Alfred Nobel’s will but was added by Sweden’s central bank in 1968. Candidates are nominated by top economists, with a focus on lasting academic influence.

The role stories play in mass economic trends like bitcoin, crashes

Economics is dominated by numbers, but stories play a huge role in the emotional shifts seen within macroeconomic trends. For example, bitcoin is not just a cost-benefit winner, but a compelling tale of decentralization and independence. This is a 20-minute summary of Nobel prize-winning economist Robert Shiller's "Narrative Economics."

John Maynard Keynes was one of the most influential economists of the 20th century

Keynes influenced economic thought by arguing that governments should spend to stabilize economies during downturns. His ideas shaped the postwar international order and remain central to modern economic policy debates.

Explore a list of Nobel Prize winners supported by National Science Foundation grants

As of 2025, 274 Nobel laureates have received funding from the NSF at some point during their careers, including 49 in physiology or medicine, 82 in physics, and 70 in chemistry. The 73 NSF-funded laureates in economics include every prize winner since 1997.

Non-Nobel Prize awards recognize topics outside of chemistry, physics and medicine

Established in 2002, the Abel Prize awards $750,000 to a mathematician for pioneering scientific achievements, while the $1M Turing Award honors contributions in computer science. Additional prizes in earth science, engineering, environmental science and policy, astrophysics, nanoscience and neuroscience have also been established.

Read more about the backstory on the 2025 Nobel Prize for immune system work

A trio of scientists won the Nobel in Physiology or Medicine that year, but they performed their award-worthy work beginning about two decades before winning the prize. This announcement includes details about the science and notes that the three scientists will equally share the 11 million Swedish kronor (almost $1.2M).

Experience games that explore Nobel Prize-winning work

Inspired by the educators who set laureates on their path, the Nobel Foundation has created a library of interactive activities for the general public. These allow users to make groundbreaking discoveries, showing that such work is accessible to all.

An economist answers questions about love

Economists aren't exactly known for their dating advice. But as it turns out, economics experts can offer fresh perspectives to everyday romantic quandaries. On this podcast episode, economist Tim Harford answers listeners’ relationship quandaries, from paying for a first date to alternatives to saying, "I love you." Listen to the episode here.

Gender bias in science’s past still echoes in today’s Nobel Prize tallies

Although women make up half the global population, they’ve won only 49 out of 923 Nobel Prizes from 1901 to 2022. Nobel committee members say historical gender bias has limited female representation, but they plan to promote more diverse nominations.

'Freakonomics' celebrated its 20th anniversary in 2025

The book 'Freakonomics' arguably changed the business landscape when it came out, and has since evolved into other forms of media and a cultural phenomenon.

Before Dawkins, other biologists proposed the power of mutating ideas

Nobel Prize winner Jacques Monod proposed, “Ideas have retained some of the properties of organisms. Like them, they tend to perpetuate their structure and to breed; they too can fuse, recombine, segregate their content; indeed they too can evolve, and in this evolution selection must surely play an important role.”

During his 'miraculous year,' Einstein published four groundbreaking papers

The 1905 "annus mirabilis" papers explained the photoelectric effect, Brownian motion, the absolutism of the speed of light, and mass-energy equivalence, revolutionizing scientists' understandings of space, time, mass, and energy. For the discovery of the photoelectric effect, Einstein won the 1921 Nobel Prize in Physics.

Fiction winners see the most financial gain

The Pulitzer Prize brings prestige, but inconsistent financial benefits. For nonfiction writers, receiving the award does increase sales, but only modestly. The big winners are the fiction writers, some of whom have seen sales double after a win.

Peter Tuchman is known as the 'Einstein of Wall Street'

Peter Tuchman has worked on the trading floor of the New York Stock Exchange for over four decades and ranks among the most famous traders in history. “I still get butterflies in my stomach every morning when I come into work,” he said.

Nobel Prize winner William Butler Yeats was fascinated by magic and the occult

The Irish poet and 1923 winner of the Nobel Prize for Literature laid out his beliefs in a 1901 essay, entitled "Magic," and was a member of several organizations dedicated to occult and mystical practices.

Meet the the scientists of the Manhattan Project

This resource profiles the scientists behind the Manhattan Project—from Nobel laureates like Fermi and Bethe to controversial figures like Teller and Fuchs—showing how their ideas, rivalries, and choices shaped the development of the atomic age.

Modern prediction markets started in Iowa in 1988

The University of Iowa's Iowa Electronic Markets were introduced during the 1988 US presidential election. The beginning of their origin story almost sounds like a joke: Three economists walked into a bar.

A "no math" primer on quantum mechanics

Quantum mechanics may not immediately grasped, but it can be slowly understood through the experiments and discussions offered here by writer Dr. Miguel F. Morales. A professor of physics at the University of Washington in Seattle, Dr. Morales makes understanding the basics of quantum mechanics fun with a promised "no math" approach.

The 2019 Nobel Prize in Chemistry was awarded for lithium-ion battery development

Stanley Whittingham developed the first functional lithium battery in the early 1970s, while John Goodenough doubled its electrical potential in 1980 by replacing the cathode, thereby enhancing its commercial viability. Five years later, Akira Yoshino developed an anode using carbon material, reducing the risk of flammability.

Bill Nye received a star on the Hollywood Walk of Fame in 2025

The Hollywood Chamber of Commerce awarded its 2,821st star to Nye for his "dedication in making science accessible and entertaining for all ages through his iconic educational show." Former "Almost Live!" colleagues Joel McHale and Ross Shafer spoke in Nye's honor during the ceremony.

Market concentration and high markups don't always signal a monopoly

When regulators and economists evaluate whether a company constitutes an illegal monopoly, they often consider its overall market share or its relatively high price markups. This piece argues that the Olley-Pakes decomposition is a better measure, identifying whether customers within a market are switching to more productive companies.

Some allege that Dylan plagiarized his Nobel Prize lecture

The speech bore striking similarities to entries on SparkNotes, a summary site that's often used by students looking to skip assigned reading. Neither Dylan nor his management commented on the matter, though some critics suggested it was just another part of Dylan's career-long performance.

When he first enrolled at Princeton University, Jeff Bezos wanted to study physics

He later changed his major to electrical engineering and computer science. He graduated Summa Cum Laude and received job offers at Intel, Nokia, and Accenture, but he declined those offers in favor of a job at a fintech startup.

The clearest sign of a recession is a steady increase of job losses and high unemployment

The National Bureau of Economic Research (NBER) looks at six key economic indicators, including industrial production, to determine when the economy is experiencing a recession.

Warren Buffett's former professor Benjamin Graham is known as the 'father of value investing,' a strategy in which investors seek to buy stocks trading below their intrinsic worth.

As of 2025, the most cited papers in science include a review of graphene, methods to improve image recognition, streamlining electron density calculations, and optimizing protein studies.

The term 'algorithm' originated from the Latinized name of al-Khwārizmī, a 9th-century mathematician whose works introduced Arabic numerals and the decimal-based numeral system to Europe and whose treatise 'Al-Jabr' gave algebra its name.

Clever Hans was a 1900s horse that was believed to be able to solve math equations, tell time, and read and comprehend German, until a psychology student discovered how he got his answers.

See a ranking of the best (and worst) Federal Reserve Chairs since 1914 out of the 16 men and women who have held the office since.

SpongeBob exemplifies Aristotle's philosophy for living well because he understands that happiness doesn't come from external factors like money, recognition, or power.

A Yale student wrote a profound essay about the consulting industry's influence on elite college students that was published in a book of her writing after she died in a post-graduation car accident.

Chaos theory—informally known as the butterfly effect—is the reason why weather forecasts are presented with probabilities rather than certainties.

Explore an interactive map built from more than 100,000 survey responses on where people find joy in their lives

Mid-century modern graphic designers, known for their bright colors and bold lines in advertising, also found success with children's books.

Explore a list of the 100 best novels of all time, compiled by some of the world's best living writers, including Salman Rushdie, Stephen King, and Jennifer Egan.

Exploring the Larry Bird punch that almost changed March Madness

The Mona Lisa's celebrity status and repeated restorations have obscured what made the painting so revolutionary for its time

Netflix profits when you're not watching, and its movies are designed that way—read a detail-rich critical essay exposing lesser-known Netflix takes

The Nasdaq's 'Magnificent 7' companies are responsible for roughly 40% of the Nasdaq 100 index's gains, while the remaining 93 companies account for the other 60%.

Roughly 43 million US borrowers owe roughly $1.7T in student debt, the second-largest source of consumer debt behind mortgages.

A vending machine run with Anthropic's AI went out of business after it was convinced to give away items for free and sell a video game console.

Memecoins are a type of cryptocurrency—a form of digital currency with a wide variety of uses—created around popular 'memes,' or viral internet jokes.

While El Niño moves warm Pacific Ocean waters east along the equator, La Niña moves them west, shifting where rainfall will become more common for months.

Some researchers have labeled nomophobia, the fear of being without your phone, as 'the phobia of the 21st century.'

Massive blooms of microscopic plankton called dinoflagellates produce the neon blue light seen in glowing tides.

NBA superstar Victor Wembanyama spent the 2025 summer training with monks in central China to enhance his body and mind.

Listen to an in-depth conversation on the links between Parkinson's disease and herbicide exposure and the challenging pace of scientific investigation.

Three Ebola species are responsible for most large outbreaks of the disease, yet the only approved Ebola vaccine is known to work against just one of them.

For centuries, it was common to sleep in two shifts: a few hours at the beginning of the night, and a longer period beginning around midnight