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Nobel Memorial Prize in Economic Sciences
Paul R. Milgrom and Robert B. Wilson won the prize for improvements to auction theory and inventions of new auction formats.
The president "talks loudly but carries a small stick, and can be rolled," the Nobel Prize-winning economist wrote on Twitter.
Abhijit Banerjee, Esther Duflo and Michael Kremer won the Sveriges Riksbank Prize in Economic Sciences on Monday.
It's to do with the narrative that Trump has sold, said Robert Shiller.
WHAT'S HAPPENING
All that talk about liberal snowflakes is projection, explained the Nobel Prize-winning economist.
The Nobel Prize-winning economist also said Trump surrounds himself with people of "extraordinarily low quality."
This year's prize was awarded for research "about innovation, climate and economic growth."
The most established national statistics focus on rational behavior, not how people feel.
He was honored for his contributions to behavioral economics.
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