Yellen, 77, and her husband, economist George Akerlof, stopped by a Giant Food store in Washington, DC, after grabbing lunch at Japanese restaurant Raku. The millionaire couple had six security ...

George Akerlof was awarded the Nobel Prize in Economic Sciences in 2001, jointly with A Michael Spence and Joseph Stiglitz, for their analyses of markets with asymmetric information. The award came ...

Georgetown University economist George Akerlof contributed to the development of the field of behavioral economics when he developed an understanding of efficiency wages as a sort of gift exchange.

Read More View Book Add to Cart Animal Spirits: How Human Psychology Drives the Economy, and Why It Matters for Global Capitalism George A. Akerlof and Robert J. Shiller From acclaimed economists ...