 "Raghuram Rajan")
There is no shortage of likely candidates for this year’s Nobel Prize in economics, which will be announced Monday in Stockholm, Sweden.
Formally called the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel and established in 1968, the medal and cash prize have been awarded to 78 people so far. It was not among the original Nobel prizes established by Mr. Nobel’s 1895 will and first awarded in 1901.
In 2016, Oliver Hart of Harvard University and Bengt Holmström of the Massachusetts Institute of Technology shared the prize for work on contracts and, among other things, executive
