The Wolfson Economics Prize is a £250,000 economics prize, the second largest economics prize in the world after Nobel. The Wolfson Prize is sponsored by The Baron Wolfson of Aspley Guise, CEO of retailer Next plc, and run in partnership with the think tank Policy Exchange. The Prize invites new thinking to address major economic policy issues that aren't already subject to significant public discourse. The Prize has been run on four occasions in 2012, 2014, 2017 and 2021.