Nobel Prize Lecture, December 8, 2004

In the winter of 1968, Sten Thore, who was then a professor of economics at the Norwegian School of Economics and Business Administration (abbreviated NHH in Norwegian), where I was finishing my three undergraduate years, made me an offer that would change dramatically the path I was to take for...

Interview with the 2004 Laureates in Economics, Finn E. Kydland and Edward C. Prescott, December 11, 2004. Interviewers are Professor Karl-Gustaf Lofgren and Johanna Astrom, post graduate student, Umea University.