We three have never been very good chemists but we are gratified with a Nobel Prize in Chemistry. The Peter Principle says that everyone is promoted until they reach their level of incompetence. We are worried that we may have reached this remarkable point.
Peter's Principle: In an organization, each person rises to the level of his own incompetence.
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.
We suppose that could be considered a hedged position for the awards committee, one that would never occur in the hard sciences such as physics and chemistry, where a prize shared among three with divergent views would be an embarrassing mistake or a bad joke. While a Nobel Prize might well be the culmination of a life’s work, shouldn’t the work accurately describe the real world?
It is very difficult to find appropriate words to say 'thank you' for an honour like the Nobel Prize. It is the supreme honour that a scientist can receive. Some of the giants in physics and chemistry have received this prize.
In 2008, the Nobel Prize in Chemistry was awarded for work done on a molecule called green fluorescent protein that was isolated from the bioluminescent chemistry of a jellyfish, and it's been equated to the invention of the microscope in terms of the impact that it has had on cell biology and genetic engineering.
The citation for the 1971 Nobel Prize in Chemistry reads, 'for contribution to the knowledge of electronic structures and geometry of molecules, especially free radicals,' and therefore implies that the Prize has been awarded for a long series of studies extending practically over my whole scientific life.
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.
I think Bob Dylan showed us that songs can rise to the level of literature, and he proved it over and over again. That's why they keep trying to get him a Nobel Prize for literature: because there is no Nobel Prize for songwriting.
The objective level is not words, and cannot be reached by words alone. We must point our finger and be silent, or we will never reach this level.
The prestige of the Nobel Prize is such that one is suddenly promoted to a new status.
My co-winners, Peter Diamond and Christopher Pissarides, and I wish to thank the Royal Swedish Academy of Sciences and the Nobel Foundation for this very great honor. We each feel privileged and humbled to be named the winners of the 2010 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel.
Two years ago I was on the train from Berlin to Frankfurt when I heard that the Nobel Peace Prize had been awarded to my close friend, the writer Liu Xiaobo, who is imprisoned in China. To me it was confirmation that universal values and a moral code do exist, and that the point of the Nobel Prize is to encourage writers to stand up for this moral code. Last Thursday I was once again on the train from Berlin to Frankfurt when I heard that the Nobel Prize for Literature had gone to Mo Yan. He is a state poet. I am utterly bewildered. Do these universal values not exist after all?
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.
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.
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.
In a hierarchy every employee tends to rise to his level of incompetence ... in time every post tends to be occupied by an employee who is incompetent to carry out its duties ... Work is accomplished by those employees who have not yet reached their level of incompetence.