Robert E. Hall and Michael Woodford win the 2026 Nobel Prize

Professor Robert E. Hall and Professor Michael Woodford just won the 2026 Nobel Prize in Economic Sciences. The Swedish Academy of Sciences selected the two American professors from Stanford University and Columbia University for the honor. This work helps the government and central banks find better ways to keep the whole economy steady. "Swedish Academy of Sciences has today decided to award the 2026 Sveriges Riksbank Prize in Economic Sciences in memory of Alfred Nobel to Robert E. Hall and Michael Woodford" Even the biggest economy is built one small choice at a time.