<human>:  With regards to the CME, who was the first person to be awarded the Nobel Prize in Economics?
<bot>: The first person to be awarded the Nobel Prize in Economics was Friedrich von Hayek. Hayek was a philosopher, economist, and political scientist who is considered one of the founders of modern libertarianism. Hayek is best known for his work in the fields of economics, law, philosophy, and political science. His work is known for its influence on the development of the Austrian School of economics.