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On Monday October 13, 2014, the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2014 has been awarded to 62-years old French professor Jean Tirole "for his analysis of market power and regulation".  Tirole’s contributed to many fields of theoretical microeconomic analysis including industrial organization, regulation, game theory. On the contrary, last year’s Prize in Economic Sciences was awarded for achievements in empirical economic analysis to Eugene F. Fama, Lars Peter Hansen and Robert J. Shiller. Interesting that Jean Triole’s current age is among the most frequent ages of Nobel Prize laureates: since 1901 25 persons aged 62 years have been awarded with Nobel Prize.  In contrast, there are few and far young laureates. Thus, before this year there was only one laureate aged below 30 years along the whole history of Nobel Prize. However, this year the number has increased by one: Nobel Peace Prize was awarded to 17 years old Malala Yousafzay from Pakistan. Together with Kailash Satyarthi they were awarded "for their struggle against the suppression of children and young people and for the right of all children to education". Data on all Nobel Prize laureates by country of birth and age from the Prize establishment in 1901 until today is available below.

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Basic Education

This page explores enrollment, expenditure spent on, and test scores for basic education. Although the percent of GDP the United States spends on education is moderate in relations to the other countries, its Science and Math scores are ranked relatively poorly.