i heard the closing date for entries for the Peace Prize was the 1st of Feb, so he was actually nominated 3 weeks into his first term!!
Brilliant Mankiw
Good to see the comittee being influence by recent advances in economics in Ireland, even if they didnt formally acknowledge it…
Using predicted Long Term Economic Value as the way to decide on the award was a nice touch….
The difference in reporting of the Nobel decision is equally interesting: here’s the NYTs glowing piece, http://ow.ly/tx9r, and here’s WSJ seething about Obama’s Nobel http://ow.ly/tx9Y
An anagramists nightmare or dream come through?
How about a link to that essay?
Best one liner on the prize so far:
The Nobel Committee has interrupted the president’s meditations on whether to escalate the war in Afghanistan by awarding him the Peace Prize.
[…] in other "news": First-Year Grad Student Wins Nobel Prize in Economics (No, I couldn’t link directly to the original article, since it’s on Blοgspοt, which […]
Very Thurberesque – but
“Fools day is past and gone …”
I think its bordering on cheap to compare obama to a first year grad student. his election was a momentous occasion and he has completely changed the tone of america’s relation to the world. i dont know whether this deserves a nobel peace prize but it is a significant achievement in itself from an international relations point of view. if he can get the US economy out of the hole, we should give him the Economics Nobel also.
I wouldn’t call the comparison invalid – the two awards certainly represent a shift in the ethos of the Nobel prizes, from recognising past deeds to pre-emptively rewarding promising beginnings.
Liam: its not cheap its satire, you know like a joke? But I think its getting at a fair point, he hasn’t achieved much by way of peace. He has potential to do good ( as have many others) but untill he has its bizarre to reward him.
Perhaps they are trying to make up for the previous award to Kissinger, a warmonger.
On the same day that the United States attacked the Moon, the Nobel Committee awards its Peace Prize to the US President.
Liam Delaney, Please look up the definition of sar-chasm.
Thanks for pointing these phrase out guys. Satire? Sarcasm? Joke? As Colm McC would say, I’ll look them up in wikipedia. Im glad he won this prize.
Looks like Mankiw is on his way to redeeming himself for his nutty negative interest rate ideas. If there’s any doubt as to the political nature of this award, just take a look at who was awrded the Sveriges Riksbank Prize last year…
19 replies on “First-Year Grad Student Wins Nobel Prize in Economics”
“Quintus Pfuffnick”? Ah come on fellas, its difficult enough convincing people you academic economists aren’t squares without this… 😀
Nobel Prize committee in pro-activity shock!
I must admit though, I am a lot less cynical about Obama’s award that most commentators i have read this morning.
Gideon Rachman’s blog is good on the subject.. http://tiny.cc/aR4rn
@ Lorcan
i heard the closing date for entries for the Peace Prize was the 1st of Feb, so he was actually nominated 3 weeks into his first term!!
Brilliant Mankiw
Good to see the comittee being influence by recent advances in economics in Ireland, even if they didnt formally acknowledge it…
Using predicted Long Term Economic Value as the way to decide on the award was a nice touch….
The difference in reporting of the Nobel decision is equally interesting: here’s the NYTs glowing piece, http://ow.ly/tx9r, and here’s WSJ seething about Obama’s Nobel http://ow.ly/tx9Y
An anagramists nightmare or dream come through?
How about a link to that essay?
Best one liner on the prize so far:
The Nobel Committee has interrupted the president’s meditations on whether to escalate the war in Afghanistan by awarding him the Peace Prize.
http://www.truthdig.com/eartotheground/item/20091009_obama_wins_nobel_peace_prize/
Mankiw, eh?
Ahh, the bitterness of ex-Bushies…
[…] in other "news": First-Year Grad Student Wins Nobel Prize in Economics (No, I couldn’t link directly to the original article, since it’s on Blοgspοt, which […]
Very Thurberesque – but
“Fools day is past and gone …”
I think its bordering on cheap to compare obama to a first year grad student. his election was a momentous occasion and he has completely changed the tone of america’s relation to the world. i dont know whether this deserves a nobel peace prize but it is a significant achievement in itself from an international relations point of view. if he can get the US economy out of the hole, we should give him the Economics Nobel also.
I wouldn’t call the comparison invalid – the two awards certainly represent a shift in the ethos of the Nobel prizes, from recognising past deeds to pre-emptively rewarding promising beginnings.
Liam: its not cheap its satire, you know like a joke? But I think its getting at a fair point, he hasn’t achieved much by way of peace. He has potential to do good ( as have many others) but untill he has its bizarre to reward him.
Perhaps they are trying to make up for the previous award to Kissinger, a warmonger.
On the same day that the United States attacked the Moon, the Nobel Committee awards its Peace Prize to the US President.
Liam Delaney, Please look up the definition of sar-chasm.
Thanks for pointing these phrase out guys. Satire? Sarcasm? Joke? As Colm McC would say, I’ll look them up in wikipedia. Im glad he won this prize.
Looks like Mankiw is on his way to redeeming himself for his nutty negative interest rate ideas. If there’s any doubt as to the political nature of this award, just take a look at who was awrded the Sveriges Riksbank Prize last year…
The actual winners have now been announced:
http://news.bbc.co.uk/2/hi/business/8302662.stm
Both winners have done work in the area of economic governance. Sounds interesting…