Nobel Prize in Economics 2026: How Hall, Woodford reshaped modern economic policy

How 2026 Nobel Economic laureates, Robert Hall and Michael Woodford, grounded macroeconomics in real, human choices and why central banks and governments today can’t make do without.The Nobel Prize in Economics — officially the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2026 — was awarded on Monday (October 12) to Robert E. Hall (Stanford University) and Michael Woodford (Columbia University) for their work in “microfoundations that deliver macro insights”.