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What an economics Nobel Prize winner knows about pricing

NPR | By Ailsa Chang,
Erika Ryan, Patrick Jarenwattananon
Published October 13, 2026 at 3:03 PM CDT

NPR's Ailsa Chang chats with Michael Woodford of Columbia University, who was one of two Americans awarded the Nobel Prize in Economics.

Copyright 2026 NPR
NPR National News
Ailsa Chang
Ailsa Chang is an award-winning journalist and a host of NPR’s newsmagazine All Things Considered, as well as NPR’s daily news podcast Consider This.
Erika Ryan
Erika Ryan is a producer for All Things Considered.
Patrick Jarenwattananon
Host of NPR Music's A Blog Supreme