A Quote by Friedrich August von Hayek

The Nobel Prize confers on an individual an authority which in economics no man ought to possess.

Friedrich August von Hayek

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Friedrich August von Hayek
Austrian - Economist
May 8, 1899 - March 23, 1992

The Nobel award occasions a unique celebration of the vision of science by the public at large. The prestige the prize confers today is largely due to the extraordinary diligence of the Nobel committees.

Kenneth G. Wilson

I think it is true to say that I am not the first Nobel Prize winner in economics to have little formal training in economics.

Clive Granger

I'm not sure whether I could win a Nobel Prize or not, but the Nobel Committee called me, and, 'You got the Nobel Prize.' So, I was so, so happy, and I was so surprised.

Shuji Nakamura

Thanks to the high standing which science has for so long attain and to the impartiality of the Nobel Prize Committee, the Nobel Prize for Physics is rightly considered everywhere as the highest reward within the reach of workers in Natural Philosophy.

Guglielmo Marconi

With the variety of fields within economics, broadly conceived and the increasing specialization of scholarly world, the award of a Nobel Memorial Prize honors not only the individual scholar but, implicitly, also a special field or a distinctive method.

Simon Kuznets

The Nobel Prize is worth $1.5 million, but that's not the issue. Do the distinguished scientists who win the Nobel Prize need the money? Probably not. The honor is more important the money, and that's the case with the prize for African leadership as well.

Mo Ibrahim

I was absolutely convinced that I wouldn't win the Nobel Prize. My impression was that the Nobel Prize in Literature was given to people more or less affiliated with, let's say, socialist ideas, and that was not my case.

Mario Vargas Llosa

Maybe if you win a Nobel Prize in economics, you make a lot of money by giving talks... but not in my area.

Wolfgang Ketterle

The Democrats say we ought to give Barack Obama credit for trying. That sounds like the nonsense of giving every kid a trophy for showing up. Friends, we're talking about leading the country, not playing on a third-grade soccer team! I realize this is the man who got a Nobel Peace Prize for what he would potentially do, but in the real world, you get the prize for producing something, not just promising it.

Mike Huckabee

National Review once opined, many years ago, that, every year, the Nobel peace prize should go to the U.S. secretary of defense: The American military is the number-one guarantor of peace in the world. But maybe something like a Nobel freedom prize would be a more appropriate award for Reagan than a peace prize.

Jay Nordlinger

Two Americans have been awarded the Nobel Prize for Economics. They are the first to figure out all the charges on their telephone bill.

Jay Leno

My first reaction on being awarded the Nobel Prize was, actually, I thought of Fischer Black, my colleague. He unfortunately had passed away. And there was no doubt in my mind that if he were still alive, he would have been a co-recipient of the Nobel Prize.

Myron Scholes

I must confess that if I had been consulted whether to establish a Nobel Prize in economics, I should have decidedly advised against it.

Friedrich August von Hayek

It's not only possible, but likely that the Nobel Prize in economics will go in alternate years to people who disagree on nearly everything fundamental.

Jerry Pournelle

I think the Nobel Prize helps for a number of reasons. Number one, if I can be frank, there is these people will feel by getting a Nobel Prize that I'm one of them, that it is possible to contribute on the world map of science and technology. And the other thing also which I'm hoping for is that the government in Egypt is willing and interested in promoting science and technology and this is an ideal time now to be able to do something.

Ahmed H. Zewail

It's impressive that a man [Dalai Lama], on the day after his Nobel Prize was announced, in October, 1989, said to me, "I really wonder if my efforts are enough?" Most of us, if we just won the Nobel Prize, would think this is vindication, or at last there's a chance for Tibet. He's the rare person who thinks, as a Buddha would, "I don't know if I've done enough, I don't know if I will do enough."

Pico Iyer

A Quote by Friedrich August von Hayek

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