Don't miss

Replay


LATEST SHOWS

EYE ON AFRICA

At least 3 dead in grenade attack in Bujumbura

Read more

MEDIAWATCH

Inequality, sexism and the movie industry

Read more

ENCORE!

Sienna Miller on motherhood, her new movies and Cannes glamour

Read more

THE WORLD THIS WEEK

After the Fall of Ramadi, Palmyra: Did the West Underestimate the Jihadists?

Read more

THE WORLD THIS WEEK

Migrants and Immigrants: A Global Crisis

Read more

FRANCE IN FOCUS

Behind the scenes of French gastronomy

Read more

EYE ON AFRICA

Protests continue in Burundi as calls mount for election delay

Read more

EYE ON AFRICA

Burundi: Nkurunziza delays parliamentary polls as clashes continue

Read more

EYE ON AFRICA

At least two killed in fresh protests in Bujumbura

Read more

France

French Nobel economics laureate Maurice Allais dies at 99

Text by News Wires

Latest update : 2010-10-11

The only Frenchman to have ever won the Nobel Prize in economics died Saturday. Maurice Allais was awarded the prize in 1988 for his "pioneering contributions to the theory of markets and efficient utilisation of resources." He was 99.

AFP - Nobel economics laureate Maurice Allais, the only Frenchman to ever win the distinction, died on Saturday at the age of 99, France's higher education ministry said Sunday.
  
Allais was awarded the Nobel in 1988 for his "pioneering contributions to the theory of markets and efficient utilisation of resources", according the official Nobel Prize website.
  
Born in Paris on May 11, 1911, Allais the author of more than 100 books, and much of his work focused on the development of mathematical economics.
  
Allais was a critic of liberal excesses, particularly debt, and was an authority on the theories of risk.

Date created : 2010-10-11

COMMENT(S)