Historical Events
Film Premier
"The Fellowship of the Ring" Lord of the Rings film directed by Peter Jackson and starring Elijah Wood and Ian McKellen premieres in London
- 67th Heisman Trophy Award: Eric Crouch, Nebraska (QB)
Nobel Prize
Nobel Prize for Economics awarded jointly to Joseph Stiglitz, George A. Akerlof and A. Michael Spence "for their analyses of markets with asymmetric information"

Joseph Stiglitz

Michael Spence
Famous Deaths
- Ashok Kumar [Dadamoni, Kumudlal Kunjilal Ganguly], Indian actor (Mahal, Afsana), dies from chronic asthma at 90