Actually, congrats to all winners in all fields this year, with a special congrats to the winners of the Economics prize. And an extra special congrats to Elinor Ostrom for being the first woman to win the Econ prize.
Interestingly, there work on organizational there may be implications in their research with regards to how we regulate financial markets, especially in light of the financial crisis. Williamson's research on institutions and organizations could be suggestive to experts involved with corporate governance and the debates around reglation/supervision of financial institution. When asked, Williamson said "there is no silver bullet" to the "too big to fail" problem but suggested: "that it is better to regulate large companies than to try to break them up or limit their size"
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