Nobel prize

With Euorpean governments struggling to avert imminent disaster in the Euro zone, the award of this year's Nobel Memorial Prize in Economic Sciences could not be more relevant. The prize has gone to Thomas Sargent and Christopher Sims whose work explores how and if policy decisions can affect the economy and how unexpected shocks spread through it.

This year's Nobel Prize in Physics was awarded for a discovery that proved Einstein wrong and right at the same time.

Well, it goes to no-one because there isn't a Nobel Prize for maths. Some have speculated that Alfred Nobel neglected maths because his wife ran off with a mathematician, but the rumour seems to be unfounded. But whatever the reason for its non-appearance in the Nobel list, it's maths that makes the science-based Nobel subjects possible and it usually plays a fundamental role in the some of the laureates' work. Here we'll have a look at two of the prizes awarded this year, in physics and economics.

The 2009 Nobel Prize in Economics goes to two unusual economists
The 2008 Nobel Prize in Physics has been awarded.
Ground breaking work in uncovering optimal funding mechanisms in financial markets
There might not be a Nobel Prize for mathematics, but maths is at the heart of the 2006 Nobel Prizes.
Two game theorists share prize for their analyses of conflict and cooperation
Winning the first Abel Prize just might elevate mathematician Jean-Pierre Serre to celebrity status!
Mathematics makes a clean sweep in the Nobel Prizes.