Sweden Living World Business Sports Entertainment FAQ

Cover image for Simon Johnson

Simon Johnson

Economist Warns US Tariffs Echo 1930s Trade War Risks

The latest days' escalation towards a trade war, following the US's announcement of aggressive trade tariffs, resembles what happened during the Great Depression of the 1930s. It is an exact parallel to the first years of the Great Depression, says Simon Johnson, recipient of the economics prize in memory of Alfred Nobel, in SVT.

Economist Warns US Tariffs Echo 1930s Trade War Risks

This year's winners have received their medals

Now this year's Nobel laureates have received their medals and been hailed with song and speech. But the prize ceremony is held against a backdrop of a world in turmoil.

This year's winners have received their medals

Trio shares economy prize: "A real shock"

A trio is awarded this year's economics prize in memory of Alfred Nobel. Daron Acemoglu, Simon Johnson, and James A Robinson have asked themselves why some countries are poor and others rich.

Trio shares economy prize: "A real shock"