Business · Economy · 1 day ago
Economists suggest AI and several researchers for economics prize
The economics prize is due to be announced in Stockholm on Monday at 11:45 a.m.
The award is funded by Sweden’s central bank and is named in memory of Alfred Nobel.
Economists asked for their views suggested candidates including Deirdre McCloskey, Israel Kirzner, Richard Blundell and several researchers in trade, networks and political economy.
Axel Ockenfels said AI had changed research and teaching so quickly that it would deserve the prize if it could receive one.
His comments describe AI’s influence on economics, not an official nomination for the award.
The prize matters because it recognizes influential work in economics.
The winner is expected to be announced on Monday.
Economists consulted by WirtschaftsWoche proposed several researchers for this year’s economics prize, including Deirdre N. McCloskey, Israel M. Kirzner and Richard Blundell.
Axel Ockenfels argued that artificial intelligence already deserved a Nobel prize for its effects on research, teaching and learning.
Other suggestions included researchers in international trade, political economy and networks.
The prize announcement was expected in Stockholm at 11:45 on the following Monday.
- Who
- Economists consulted by WirtschaftsWoche, including Stefan Kolev, Axel Ockenfels and Philippe Aghion, suggested candidates.
- What
- They proposed researchers and, in Ockenfels’s case, artificial intelligence for the economics prize.
- When
- The article was published on 10 October 2026. The announcement was expected the following Monday at 11:45.
- Where
- The announcement was expected in Stockholm; the economists were consulted in Germany.
- Why
- The economists cited contributions to fields including economic history, entrepreneurship, research, trade and political economy.
This story does not have two clearly opposing sides.
If artificial intelligence could receive a Nobel Prize, it would already deserve it today.
There are many suitable candidates this year.
WirtschaftsWoche published its roundup of economists’ suggestions for the prize.
The economics prize announcement was expected from Stockholm at 11:45.
- Prize announcement
- Expected at 11:45 on the following Monday
- Suggested candidate
- Deirdre N. McCloskey, University of Illinois at Chicago
- Suggested candidate
- Israel M. Kirzner, New York University
- Suggested candidate
- Richard Blundell, British microeconometrician specializing in labor economics
- Suggestion
- Axel Ockenfels said artificial intelligence already deserved a Nobel prize
Sources
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