Portal:Business/Did you know/11

• ... that Italy is the third largest producer of wine in the world?

• ...that Calouste Gulbenkian was known as Mr. Five Percent because he retained 5% of the shares of Royal Dutch/Shell, the second-largest corporation in the world by revenue, which he participated in the formation of in 1907?

• ...that prospect theory was developed by Daniel Kahneman and Amos Tversky in 1979 as a psychologically realistic alternative to expected utility theory?

• ...that Nobel laureate Amartya Sen's publications in the 1960s and 1970s helped develop social choice theory, which first came to prominence in the work by the American economist Kenneth Arrow?

• ...that Harvard economist Susan Athey was the first female recipient of the John Bates Clark Medal?

• ...that N. Gregory Mankiw left law school after earning his Ph.D. in economics from the Massachusetts Institute of Technology in 1984?

• ...that "Stagflation" is a term generally attributed to British politician Iain Macleod, who coined the term in a speech to Parliament in 1965?