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.
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.
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?
I must confess that if I had been consulted whether to establish a Nobel Prize in economics, I should have decidedly advised against it.
My children have often asked me why I never received a Nobel Prize. I used to tell them it was because the Nobel committee couldn’t make up its mind which of my projects to recognize.
In a way, the Nobel Prize has been something of a pain in the neck, though there was at least one time that I got some fun out of it, Shortly after I won the Prize, Gweneth and I received an invitation from the Brazilian government to be the guests of honor at the Carnaval celebrations in Rio.
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 great honor to be awarded a Nobel Prize. This is a wonderful experience for my wife Betty and me. We received congratulations by email, phone and post, many from old friends we had not seen for some time.
I thought of my father and felt a deep sorrow that he should no longer be alive, and that I could not go to him and tell him that I had been awarded the Nobel Prize. I knew that no one would have been happier than he to hear this.
It's a pity that nobody has found an exploding black hole. If they had, I would have won a Nobel prize.
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.
Some people think the Nobel Prize makes you bullet-proof. I never had that illusion.
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.
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.
People ask me often [whether] the Nobel Prize [was] the thing you were aiming for all your life, and I say that would be crazy. Nobody would aim for a Nobel Prize because, if you didn't get it, your whole life would be wasted. What we were aiming at was getting people well, and the satisfaction of that is much greater than any prize you can get.
When I received the Nobel Prize, the only big lump sum of money I have ever seen, I had to do something with it. The easiest way to drop this hot potato was to invest it, to buy shares. I knew that World War II was coming and I was afraid that if I had shares which rise in case of war, I would wish for war. So I asked my agent to buy shares which go down in the event of war. This he did. I lost my money and saved my soul.