Congratulations to Leonid Hurwicz for bringing home a Nobel Prize:
Hurwicz, 90, is the oldest Nobel winner ever, according to the academy. “I really didn’t expect it,” said the Moscow-born researcher, an emeritus economics professor at the University of Minnesota in Minneapolis.The three winners “laid the foundations of mechanism design theory,” which plays a central role in contemporary economics and political science, the Royal Swedish Academy of Sciences said.