Oliver Hart and Bengt Holmstrom Share the 2016 Nobel Price in Economics

The Nobel committee announced today that for their work in contract theory Oliver Hart and Bengt Holmström won the 2016 Sveriges Riksbank Prize in Economic Science in Honor of Alfred Nobel. Charles Duxbury and Mike Bird report on it in the Wall Street Journal today. Moreover the Journal reported in a video:

Evan Peterson, "Why Bengt Holmström, is An Economist You Should Know," Open Markets, October 21, 201.

Can the Richest Aussie Sheila Make Even Fairfax Quake?

The WSJ's Deborah Kan talks to Andrew Critchlow, the Journal's Australian correspondent, about Australia's richest woman, Australian mining heiress Gina Rinehart.  This savvy investor is translating her natural resources wealth into the biggest shareholding in Fairfax Media. (2/1/2012.)  Will she who pays the piper call the tune?

Nabors CEO Eugene Isenberg's $100 Million Severance-Type Paymen

MarketWatch asks "Is Shareholder Capitalism Working?"  MarketWatch columnist David Weidner and Mean Street host Evan Newmark discuss Nabors CEO Eugene Isenberg's $100 million severance-type payment and discuss whether shareholder capitalism is still working. WSJ.com video 10/31/2011