A Quote by Ben Bernanke
The biggest downside of my current job is that I have to wear a suit to work. Wearing uncomfortable clothes on purpose is an example of what former Princeton hockey player and Nobel Prize winner Michael Spence taught economists to call 'signaling.'
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My advice is you've got to make sure you wear the clothes and not [let] the clothes wear you. It's quite simple in a way. Don't wear something you totally feel uncomfortable with, but take some chances. Play around a bit. I felt very uncomfortable in suits when I was younger, so what I just started doing was wearing suits when I was going to dinner. I used to overdress a little bit so I got used to wearing suits. Now wearing a suit is like wearing a track suit for me. So it's all good.
During my Ph.D. program, I became interested in the informational structure of markets that turned into the work on signaling, which was the part of my early work that was recognized for the Nobel Prize, but it was not really a subject at the time.
There must have been something in the air of Gary that led one into economics: the first Nobel Prize winner, Paul Samuelson, was also from Gary, as were several other distinguished economists.
I've been wearing Chinese clothes since I was 14. I can't wear a suit. I'm small, and when I put on a suit, it's not possible.
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.
It was quite a sight to see Obama next to President Hu. Obama has a Nobel Peace Prize in his basement, and Hu has a Nobel Peace Prize winner in his.
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.
If you look at the recent Nobel Prize winners, one couldn't say that the work didn't matter and the political commitment did. Who had ever heard of the Egyptian writer Naguib Mahfouz? He is not politically involved. Octavio Paz is a great poet, also not politically involved. The Nobel Prize is for literature, for the quality of work over the years.
As a Nobel Prize winner I cannot but regret that the award was never given to Mark Twain, nor to Henry James, speaking only of my own countrymen. Greater writers than these also did not receive the prize. I would have been happy - happier - today if the prize had been given to that beautiful writer Isak Dinesen.
You can be famous for a lot of things. You can be a Nobel-prize winner. You can be the fattest guy in the world.
I thought maybe I would become a god, or a goddess, or a president or a Nobel Prize winner.
If you wear clothes that don't suit you, you're a fashion victim. You have to wear clothes that make you look better.
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.
Misguided liberal Joseph Stiglitz.Columbia University professor and Nobel Prize winner, claims the American dream is dead.
Probably the only people left who think that economics deserves a Nobel Prize are economists. It confirms their conceit that they're doing 'science' rather than the less tidy task of observing the world and trying to make sense of it. This, after all, is done by mere historians, political scientists, anthropologists, sociologists, and (heaven forbid) even journalists. Economists are loath to admit that they belong in such raffish company.
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.
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