Angus Deaton Wins Nobel Economics Prize
Princeton University Professor Angus Deaton has won the 2015 Nobel Economics Prize "for his analysis of consumption, poverty, and welfare."
A statement issued by the Royal Swedish Academy of Sciences said by linking detailed individual choices and aggregate outcomes, Deaton's "research has helped transform the fields of microeconomics, macroeconomics, and development economics."
Deaton, a British and U.S. citizen born in Scotland, has been a Professor of Economics and International Affairs at New Jersey's Princeton University since 1983.
Attacker Killed After Trying to Stab Israeli Policeman
The tense Old City section of east Jerusalem saw another violent encounter Monday when an attacker tried to stab an Israeli policeman before being shot dead.
A spokesman for the Israeli Defense Forces said the attack happened near the Lions Gate and that the knife was deflected by the policeman's protective vest.
The incident is the latest in a wave of attacks to take place in Jerusalem linked to the holy site that Muslims call the al-Aqsa mosque and Jews call the Temple Mount.
Palestinians, already frustrated by continued Jewish settlements in lands they want for a future state, accuse Israelis of trying to restrict them from the site. Israel denies the charge and accuses Palestinian militants of inciting citizens to riot.