Wolfson Economics Prize | |
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Awarded for | a system for paying for a better, safer, more reliable road network |
Sponsored by | Simon Wolfson |
Date | Prize deadline: 2 March 2017 |
Country | United Kingdom |
Presented by | Policy Exchange |
Reward(s) | £250,000 |
First awarded | 2012 |
Currently held by | David Rudlin of URBED |
Website | https://policyexchange.org.uk/wolfsonprize/ |
The Wolfson Economics Prize is a £250,000 economics prize, the second largest economics prize in the world after Nobel, which is sponsored by Lord Simon Wolfson, CEO of retailer Next plc and run in partnership with the think tank Policy Exchange. The Prize invites new thinking to address major economic policy issues that aren't already subject to significant public discourse. The Prize has run in 2012 and 2014 and the current 2017 Prize was launched in October 2016 and is open for entries. The question for the 2017 Wolfson Economics Prize is "How can we pay for better, safer, more reliable roads in a way that is fair to road users and good for the economy and the environment?” with a deadline for entries of 09.00hrs, 2 March 2017.
The 2012 Prize was a contest for proposals on how the Eurozone could be safely dismantled. The contest ended on 5 July 2012, when the Capital Economics team, led by Roger Bootle, won the prize.
The 2014 Prize asked the question “How would you deliver a new Garden City which is visionary, economically viable, and popular?” It was won by David Rudlin of urban design consultancy, URBED.
The 2017 Wolfson Economics Prize was launched on 13 October 2016 and looks at the future of roads. The full question is "How can we pay for better, safer, more reliable roads in a way that is fair to road users and good for the economy and the environment?” The deadline for entries is 09.00hrs, 2 March 2017
The organisers determined that submissions should focus on:
The panel of judges who will decide on the award is as follows:
On 14 November 2013, Simon Wolfson announced that he intended to offer a new £250,000 Prize to the entrant who best answers the question "How would you deliver a new Garden City which is visionary, economically viable, and popular?" He had previously expressed an interest in this topic in an article in The Times on 4 December 2012, and garden cities had in 2012 been cited as credible responses to the UK's housing shortage by both David Cameron and Nick Clegg, the UK's Prime Minister and Deputy Prime Minister respectively.
The deadline for submissions to the 2014 Prize was Monday 3 March 2014. Entrants were asked to submit an essay on the topic of up to 10,000 words (plus a 1,000 word non-technical summary).
The panel of judges who would decide on the award is as follows:
On 14 April, Simon Wolfson announced that there had been 279 entries to the 2014 competition. The finalists were announced on 4 June 2014 and were: