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'Nudge' theorist Richard Thaler wins Nobel economics prize

U.S.economistRichardThalerwonthe2017NobelEconomicsPrizeforhiscontributionsinthefieldofbehavioraleconomics,showinghowhumantraitsaffectsupposedlyrationalmarkets,t

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IMF appoints new chief economist

​Christine Lagarde, managing director of the International Monetary Fund (IMF), announced on Monday the appointment of Professor Maurice Obstfeld as the IMF's Economic Counselor and Director of the Research Department.