Nobel Prize - Economic Science's Prize
Time: Wednesday Dec 10, 1969
Place: Stockholm, Sweden
Details: The following year, the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel was awarded for the first time. The Royal Swedish Academy of Sciences became responsible for selecting laureates. The first laureates for the Economics Prize were Jan Tinbergen and Ragnar Frisch,The Board of the Nobel Foundation decided that after this addition, it would allow no further new prizes.
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