Nobel Prize

Theodore W. Schultz’ speech at the Nobel Banquet, December 10, 1979 Your Majesties, Your Royal Highnesses, Ladies and Gentlemen, Your Royal Academy of Sciences expressed a deep concern about the economic problems and the welfare of poor people throughout the world in awarding the Nobel Prize in Economics this year. It is a noble concern…

Sir Arthur Lewis’ speech at the Nobel Banquet, December 10, 1979 Your Majesties, Your Royal Highnesses, Ladies and Gentlemen, The privilege of accepting the greetings of the students has been accorded to me, and I seize it gladly. On behalf of this year’s laureates I say – Welcome fellow students, the path is hard, and…

Lecture to the memory of Alfred Nobel, December 8, 1979 The Slowing Down of the Engine of Growth Let me begin by stating my problem. For the past hundred years the rate of growth of output in the developing world has depended on the rate of growth of output in the developed world. When the…

Lecture to the memory of Alfred Nobel, December 8, 1978 Rational Decision-Making in Business Organizations Pdf 657 kB

Herbert A. Simon’s speech at the Nobel Banquet, December 10, 1978 Your Majesties, Your Royal Highnesses, Ladies and Gentlemen, May I express my deep gratitude for the honor bestowed on me, and through me, on the colleagues with whom I have collaborated in studying economic behavior and the human mind. Ten years ago, economics was…

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Lecture to the memory of Alfred Nobel, December 8, 1977 1933 and 1977 – Some Expansion Policy Problems in Cases of Unbalanced Domestic and International Economic Relations Pdf 175 kB

Lecture to the memory of Alfred Nobel, December 8, 1977 The Meaning of “Internal Balance” I. It is a special privilege for me on this occasion to have my name associated with that of Professor Bertil Ohlin. By the younger generation of economists we are no doubt both regarded as what in my country are…

James E. Meade’s speech at the Nobel Banquet, December 10, 1977 Your Majesties, Your Royal Highnesses, Ladies and Gentlemen, What an exciting subject is economics and what an impossible combination of qualities does it not demand for its practice: Scientific observation of the facts of commercial life; commonsensical inference, from personal introspection, daily experience and…

Lecture to the memory of Alfred Nobel, December 13, 1976 Inflation and Unemployment Pdf 637 kB