first nobel prize in economics was given to
Nobel Memorial Prize in Economic Sciences Laureates in the Memorial Prize in Economics are selected by the Royal Swedish Academy of Sciences.[8][9] It was first awarded in 1969 to the Dutch and Norwegian economists Jan Tinbergen and Ragnar Frisch, "for having developed and applied dynamic models for the analysis of economic processes".[6][10][11]
Alfred Nobel Nobel travelled for much of his business life, maintaining companies in various countries in Europe and North America and keeping a permanent home in Paris from 1873 to 1891.[5] He remained a solitary character, given to periods of depression. [4][21] Though Nobel remained unmarried, his biographers note that he had at least three loves. Nobel's first love was in Russia with a girl named Alexandra, who rejected his proposal. In 1876 Austro-Bohemian Countess Bertha Kinsky became Alfred Nobel's secretary, but after only a brief stay she left him to marry her previous lover, Baron Arthur Gundaccar von Suttner. Though her personal contact with Alfred Nobel had been brief, she corresponded with him until his death in 1896, and it is believed that she was a major influence in his decision to include a peace prize among those prizes provided in his will. Bertha von Suttner was awarded the 1905 Nobel Peace prize, 'for her sincere peace activities'.[citation needed]