By Scott Reid
Copyright scotsman
Four researchers and scientists have been shortlisted for a prestigious prize named after the former Edinburgh residence of Scottish economist and philosopher Adam Smith. Now in its fifth year, the Panmure House Prize, worth $75,000 (£55,000) to its winner, is regarded as one of the largest awards in financial research and is dedicated to advancing understanding of long-term thinking and innovation. This year’s competition attracted entries from across North America, Europe, and beyond, reflecting the global reach of the award. Adam Dixon, Adam Smith chair in sustainable capitalism at Panmure House, said: “The Panmure House Prize continues to attract world-class thinkers from across the globe. Our 2025 shortlist reflects not only the breadth of international expertise but also the importance of addressing long-term societal challenges. This prize is about rewarding bold, rigorous ideas that can shape the future for generations to come.” This year’s finalists are Joshua Pearce, Killian Huber, Pedro Gomes and Tima Bansal. A winner will be announced later this year. Entrants to the prize undergo a rigorous selection process, overseen by a panel of judges comprising leading scholars and practitioners in the field of economics, business and policy. Each is evaluated based on their originality, scholarly rigour, potential impact, and relevance to contemporary economic and societal discourse. Administered in partnership with FCLTGlobal, a non-profit organisation that promotes long-term investing, and supported by investment manager Baillie Gifford, the Panmure House Prize was first opened in 2021.