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The other was the first award ever made in economics, in 1969 to Jan Tinbergen and Ragnar Frisch.
Ragnar Frisch and Jan Tinbergen were instrumental in putting the commission together; they shared the first economics prize in 1969.
His teacher, Ragnar Frisch, had been interned by the Quisling government; Haavelmo became worried and stayed close to the Norwegian mission in New York.
For several years, the best mathematical economists in the world, European leaders such as Jan Tin-bergen and Ragnar Frisch they won the first Nobel Prize in economics and bright young Europeans such as Abba Lerner and Abraham Wald, were attracted to Colorado.