Joint Statement on the Nobel Prize Award to Dr. Milton Friedman

1977 ◽  
Vol 7 (3) ◽  
pp. 317-317
Author(s):  
Ismail Sabri Abdalla ◽  
Oscar Pino-Santos
Keyword(s):  
Nobel Prize ◽  
Milton Friedman ◽  
Joint Statement ◽  
Prize Award

scholarly journals Defining Excellence: 70 Years of John Bates Clark Medals

2017 ◽  
Author(s):  
Beatrice Cherrier ◽  
Andrej Svorenčík
Keyword(s):  
Quantitative Analysis ◽  
Nobel Prize ◽  
Selection Procedure ◽  
Milton Friedman ◽  
The Press ◽  
Age Limit ◽  
Definition Of

In 2017 the John Bates Clark Award turned 70, and the 39th medal was be awarded. Often dubbed the “baby Nobel Prize,” widely discussed by economists and covered in the press, it has become a professional and public marker of excellence for economic research.Yet, after three initial unanimous choices of laureates (Paul Samuelson, Kenneth Boulding, Milton Friedman), the award was increasingly challenged. The prize was not awarded in 1953, almost discontinued three times, the selection procedure and the age limit also created issues. We show how economists in these years disagreed over the definition of merit and excellence. Many young economists felt the prize was biased toward theory and asked for the establishment of a separate “Wesley Clair Mitchell award” for empirical and policy-oriented work. We examine how the committee on honors and awards reacted to critique on the lack of diversity of laureates in origins, affiliations, fields and methods, and we provide a quantitative analysis of the evolving profile of laureates.

Why did Milton Friedman win the Nobel Prize?

2019 ◽  
Author(s):  
James Forder ◽  
Hugo Monnery
Keyword(s):  
Nobel Prize ◽  
Milton Friedman

scholarly journals Correction of the Claim for Microfinance Market of 1.5 Billion Clients

2013 ◽  
Vol 2 ◽  
pp. 18-31 ◽  
Author(s):  
Tomáš Hes ◽  
Anna Poledňáková
Keyword(s):  
Nobel Prize ◽  
Market Potential ◽  
The Real ◽  
Scale Assessment ◽  
Form Part ◽  
Prize Award ◽  
Real Size ◽  
Wide Scale ◽  
Global Estimates

Since the beginnings of modern microfinance in the 70s, the industry continued to grow rapidly, albeit fueled by dubious assumptions related to market potential. Boosted by Nobel Prize award, thousands of new MFIs are currently being created in the lure of market potential, estimated atone and half billion of unattended clients. The estimates, however, differ drastically and there is no wide scale assessment available deducing the unattainable market strata, detrimental to sustainablemicrofinance, from the inflated estimates. The exaggerations are to be denoted as unrealistic andexcluded from the global estimates. This study intends to quantify the market wrongly assumed to form part of the microfinance market and to deduce the real size of the potential global microfinancesector, appraising the size of the market that should not be counted into the integral demand, since it isunsustainable or harmful to the players involved.

Pavlov and the Nobel Prize award

1990 ◽  
Vol 25 (4) ◽  
pp. 155-162
Author(s):  
George Windholz ◽  
James R. Kuppers
Keyword(s):  
Nobel Prize ◽  
Prize Award

Niels Thygesen: An Academic in the Making of European Monetary Union

2021 ◽  
pp. 97-129
Author(s):  
Ivo Maes ◽  
Sabine Péters
Keyword(s):  
Monetary Union ◽  
Nobel Prize ◽  
European Monetary Union ◽  
Early Life ◽  
Monetary Integration ◽  
European Monetary ◽  
Milton Friedman ◽  
Economics Profession ◽  
Nobel Prize Laureates ◽  
Search Program

Niels Thygesen (born 1934) played for nearly five decades an influential role as a policy orientated academic, especially in the process of economic and monetary integration in Europe. He is especially known as a member of the Delors Committee and as the first Chair of the European Fiscal Board. As part of a re-search program on collecting memories, this paper publishes the results of several interviews with him. His early life offers insightful observations on the develop-ment of the economics profession in the postwar years (he was close to Nobel Prize laureates as Franco Modigliani and Milton Friedman). Thygesen's involvement with the process of European monetary integration really started in 1974 with his membership of the Marjolin Committee (which provided an assessment of the failure of the 1970 Werner Report). Since then he has been involved in a multitude of committees and initiatives, like the OPTICA groups, the All Saints Day Manifes-to, the Committee for Monetary Union in Europe (an initiative of Giscard and Schmidt) and the Euro50 Group.

The 1927 Nobel Prize Award in Physics

Radiology ◽  
1928 ◽  
Vol 10 (3) ◽  
pp. 264-265
Author(s):  
H. N. Beets
Keyword(s):  
Nobel Prize ◽  
Prize Award

scholarly journals Reflections on the Cultural Background to China's Reaction to the Nobel Prize Award

2012 ◽  
Vol 5 ◽  
pp. 81-100
Author(s):  
Gunnar Haaland
Keyword(s):  
Human Rights ◽  
Civil Society ◽  
Nobel Prize ◽  
Armed Conflicts ◽  
Controversial Issues ◽  
Critical Question ◽  
Cultural Conditions ◽  
Prize Award ◽  
Different Levels ◽  
Selection Of

This paper deals with some complex and controversial issues that arose in connection with the 2010 Nobel Prize Peace award to the Chinese dissident Liu Xiao Bo. These issues involve different levels. On one level it is important not to confuse the Nobel committee’s independence of outside interference from political and other organized agencies, with the question of whether the Nobel Prize committee’s decisions can be ideological or politically unbiased in its decisions. Part of the strong Chinese reaction to the award is related to this issue. Another level deals with the Committee’s widening of the criteria to be taken into account in the selection of candidates from the original criterion focused on direct contribution to reduction of armed conflicts, to the wider issues of indirect contributions like alleviation of poverty, ecological sustainability and most crucial the issue of human rights. The last issue is particularly critical since different states have different perspectives of what constitute human rights, and what rights should be given priority on different levels of the country’s development. The main point of the article is to look at historical events and socio-cultural conditions that shape the Chine Government’s (and many citizens’) reaction to the 2010 award. This is placed in the context of the widening income differences emerging in the modern political economy of China and how these may affect the growth of civil society. The critical question is: will the reward contribute to promotion of civil society or will it lead to increased crackdown on dissident voices. DOI: http://dx.doi.org/10.3126/dsaj.v5i0.6357 Dhaulagiri Journal of Sociology and Anthropology Vol. 5, 2011: 81-100

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