What award did Robert Fogel receive in 1993?
Pulitzer Prize
Nobel Prize in Economic Sciences
Presidential Medal of Freedom
Grammy Award
Answer
The Nobel Prize in Economic Sciences was awarded to Robert Fogel in 1993 for his groundbreaking work in economic history. Fogel's research challenged traditional assumptions about the role of technology and institutions in economic development. He used quantitative methods to analyze historical data, demonstrating that technological progress and institutional change played a more significant role than previously believed.
Mastering the Past: The Economic Insights of Robert Fogel
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