General Knowledge

Bob Dylan wins Literature Nobel

US music legend Bob Dylan,  won the Nobel Prize in Literature on Thursday. He is the first songwriter to win the award. Literature Nobel also carries a prize of 8 million Swedish crown. The Nobel Prize in Literature for 2016 was awarded to Bob Dylan “for having created new poetic expressions within the great American song tradition“. About

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2016 Economics Nobel Prize

British-born Oliver Hart and Bengt Holmstrom of Finland won the Nobel Memorial Prize in Economic Sciences for their contributions to contract theory, shedding light on how contracts help people deal with conflicting interests. What is Contract Theory? Contract theory provides us with a general means of understanding contract design. One of the theory’s goals is

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