A Quote by Kenneth Arrow
My research, even before 1972, moved in directions beyond those cited for the Nobel Memorial Prize. Most of it, in one way or another, deals with information as an economic variable, both as to its production and as to its use.
Related Quotes
The Nobel prize is unquestionably the most famous prize in the world, and very often, the prize is an object of prestige not only for a person but also for a research center, a country, or for a particular area of interest.
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 is a wonderful and unexpected honor to receive the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel. Receiving this prize with Joseph Stiglitz and George Akerlof, whose work I have learned from and admired, makes it even more gratifying.
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.
I received many prizes of course before the Nobel Prize and this is probably the last prize I get. But I felt when I see the patient and saying they were saved by the therapy we developed, that is the most moving, and also the time I feel my life has some meaning.
There's some aura about a Nobel Prize, there's a prestige, that gives me a responsibility that I didn't have before, that goes beyond my own work, as a spokesman for science.
Research is the live heart of the scientific life ... Greatness of position, respect for past accomplishments, the Nobel Prize itself -- none of these can compensate for the loss of vitality only research provides.
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.
In one way or another, President Obama's critics will dog him all the way to Oslo for the Nobel Peace Prize ceremony, and even his admirers will continue to have doubts about his accomplishments if not his promise.
In 1989, I was awarded the Von Neumann Prize in Operations Research Theory by the Operations Research Society of America and The Institute of Management Sciences. They cited my works in the areas of portfolio theory, sparse matrix techniques and the SIMSCRIPT programming language.
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.
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.
The only protection as a historian is to institute a process of research and writing that minimizes the possibility of error. And that I have tried to do, aided by modern technology, which enables me, having long since moved beyond longhand, to use a computer for both organizing and taking notes.
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.
When the Nobel Peace Prize Committee designated me the recipient of the 1970 award for my contribution to the 'green revolution,' they were in effect, I believe, selecting an individual to symbolize the vital role of agriculture and food production in a world that is hungry, both for bread and for peace.
Anyone can win the Nobel Prize if the scientist works hard on his research subject.
Related Authors
Adam Smith Quotes
Scottish
Economist
Alan Greenspan Quotes
American
Economist
Benjamin Graham Quotes
American
Economist
Friedrich August von Hayek Quotes
Austrian
Economist
John Kenneth Galbraith Quotes
American
Economist
John Maynard Keynes Quotes
English
Economist
Joseph Stiglitz Quotes
American
Economist
Ludwig von Mises Quotes
Austrian
Economist
Milton Friedman Quotes
American
Economist
Muhammad Yunus Quotes
Bangladeshi
Economist
Murray Rothbard Quotes
American
Economist
Paul Krugman Quotes
American
Economist
Richard Thaler Quotes
American
Economist
Robert Reich Quotes
American
Economist
Thomas Sowell Quotes
American
Economist
Walter E. Williams Quotes
American
Economist