Hello all:
Well, I am an economics student and I really love to do what I do. So I would like to ask you, How do you thing I could win the Nobel prize in Economics?? Thanks in advance for your suggestions.
Last edited by risuarez on Tue May 30, 2006 5:56 am; edited 1 time in total
Technically there is no Nobel Prize for Economics. There is, however, a Bank of Sweden Prize for Economics in memory of Alfred Nobel.
As for the rest of your question, I'm reminded of an old joke:
A man was driving around New York, late for a concert at Carnegie Hall. He realized he was lost, and pulled over and asked a local, "Excuse me, how do you get to Carnegie Hall?"
The local thought for a second, then answered, "Practice."
So, in answer to your question of how I think you could win the B(o)S Nobel Memorial Prize for Economics, I'd have to say:
Study.
Wise word my friend. But certainly it is more than that. Besides studying something else is needed. Because many people study and study very well, but only a very few actually win the Nobel memorial prize in Economics. (thanks for your correction, I was wrong).
Anybody else has something to add???? | risuarez wrote: |
Wise word my friend. But certainly it is more than that. Besides studying something else is needed. Because many people study and study very well, but only a very few actually win the Nobel memorial prize in Economics. (thanks for your correction, I was wrong).
Anybody else has something to add???? |
There's a popularity aspect to it, too - despite what the academy would have you believe. Even if you do work that greatly advances your field, you still need to be "voted in" by your peers. That means that all of the following things have to be true for you to win the prize:
- Your work has to be of some great note to the field.
- You and/or your work must be widely visible - maybe even hyped.
- You have to be popular among your peers - at least reasonably well-liked (unless your work is hugely influential).
So, assuming you actually do some work that is noteworthy in your field, the next step is, essentially, hyping yourself to your peers.
(It might be a good idea to make sure there's a copy of your work published in Swedish, too. ^_-)Well, first of all, I wouldn't go around asking people how one wins the prize... It's a bit pretentious, horizon seeking and speaks of an inability to generate achievable goals. I've actually met a few nobel laureates (not in econ). What they all share in common is an insatiable passion for their work. Plain and simple. Absolutely, this does not guarantee any accolades. But, who cares. If what you are looking for in life is validation of accomplishment... then look for a career that you don't consider 'work.' Finding a career that keeps you happy (for a lifetime) is a rarity and, in my opinion, the greatest award any one can achieve. Best of luck.
Okay... thanks to your answers I could mention these things needed to win the prize:
- Study
- Popularity
- Passion
Anything else????
-creavity
i don't know how can but you should make creative things...
Have a breakthrough that completely revolutionises thinking on the subject.
Usually works.
Alfred Nobel wanted it to go to people who have done something extrodinary.
Like...Jeffrey Sachs. He's put out a book and made some very interesting observations about economics and has made it easy for regular people to understand economics and how we can help people.
And I say, winning the Nobel prize isn't important, helping the people is. But, good luck.
If you can make economic forecasting into a science instead of the guessing game which it currently is, then you will have a good chance at getting the Bank of Sweden prize. However, if you can do this then you will obviously not need the money as your method of forecasting will enable you to amass a fortune before they even start thinking about awarding you the prize.
Well I guess that the third best advice after studying and working hard is to know the rigth people.
Unfortunently, as in everything in live, what makes the world turn is money and conections.
You may be the smartest people on earth, but if you don't know the right persons you will amount to nothing, just like the rest of us.
I also think that getting a Nobel is a goal set too high.
I think you should start by having the need to learn something new everyday. Everyday read something that is not related to your aerea of work or study. You should embrace severall fields, don't harness yourself to just one subject. Try to be specialised about something and learn and practice everything you can about it, but don't forget others subjects. It will help you keep a right perspective about the world you live in and also about real live.
We need practical stuffs, that can be aplied and help improve our quality of live. We don't need utopias that will lead us nowhere ot unpracticle theories about the angel's gender.
Bye,
I kind of agree with you ZLuis, as a matter of fact I am already working in my membership to the American economic association. Your are defenitely right!! without the right connections it doesn't really matter how good you might be.
Hie folks,
I'm from Portugal, most of you must be from american countries, nevertheless the situation is almost the same everywhere, conections are more important than everything else.
It is a pity, some time I wonder how much advances and progresses could have been made if people were chosen for their value and knowledge instead of by their political or friendship conections. I also know that having the rigth conections is something that you can learn. It is almost easy, you just have to loose your character.
You just start by frequenting the places where big shots go to. Just to be seen in those places is good for you. Then you try to know someone who knows someone who knows someone.... And then you try to stick to those people like glue. Soonner or later you will meet someone more important and then you do the same thing all over again, and keep doing it untill you get to be "one of the guys".
If you are still at school joining some students association is a good idea, the more time you dedicate to the association and the less to the studying the better, but the most important thing is to keep the channels open, you must be seen and you can't be forgotten, otherwise you loose everything.
In most places those people join together for a lunch or a dinner. That's where the big stuff happens. That's where you get contacts and info about stuff nobody knows about and get introduced to the "guys".
There are at least two of these meetings I know about in my region, on Wednesdays all big builders get together to have lunch, always in the same restaurant, even thought they are oficialy competitors between them.
And once a month there's a dinner where some bussiness men, embassy, consulate people and some wanabes meet together. Some people I know almost sold their soul just to get into the circle. A few months ago I read that one of the consul that used to atend was involved in child abuses. I knew he was into something, but didn't know what it was.
And if you are curious, no I don't join neither of those groups. I'm a loner and I'm stupid enougth to believe that we must be judged by what we are and know and not by who we know.
Bye,
interesting!!! you have gave me a lot to think about.
The Nobel price owener nerver thought of getting it when they do what they want.They wanted nothing but they got rewards.So just do what you should,the price will go to you.
If you want it too much,just lay down and have a good dream.
It's motherfreaking PRIZE! The Nobel PRIZE!
Learn how to spell the award first.
| Lord Kuat wrote: |
It's motherfreaking PRIZE! The Nobel PRIZE!
Learn how to spell the award first. |
I am really sorry english is not my native language and as I am an economic major "priCe" is a word I use very often. Thanks for your correction.Well studying is one of the conditions.
When it comes to get such a very famous priez, you have to make new discoveries in a knowledge area like a scientist, to find a new economics theory that would change the world.
| bboy_nycb wrote: |
| When it comes to get such a very famous priez, you have to make new discoveries in a knowledge area like a scientist, to find a new economics theory that would change the world. |
Even if it doesn't work.
It just has to look good, and if it goes along the mainstream, like saying that all European countries should forget all about their history and culture and become one member of the newcoming save all European Union. If you can put two figures together claiming the above you have a Nobel waiting for you. | zluis wrote: |
| bboy_nycb wrote: | | When it comes to get such a very famous priez, you have to make new discoveries in a knowledge area like a scientist, to find a new economics theory that would change the world. |
Even if it doesn't work.
It just has to look good, and if it goes along the mainstream, like saying that all European countries should forget all about their history and culture and become one member of the newcoming save all European Union. If you can put two figures together claiming the above you have a Nobel waiting for you. |
MMmmm!!! this sound like a very good and practical advice!! I will go on to work on it right now!!! lol 
Well, the first thing to do is choose a school of thought. Are you going to be all about free-markets? Are you going to apply game theory to marriage choices? Are you trying to prove that we all gophers have the game risk-reward curves? Perhaps it's time to realize that a real economist couldn't care less about whether or not they became a Nobel Prize winner (although as one poster already pointed out, it doesn't really exist)! If you're such a glory-hound, go be a movie star.
to win the prize you dont only have to revolutionize thinking, or a field, but the obeservations have to stick, and stay as valid thinking, for a long time.
Simple... do something in your field so exceptional that the Academy cannot refute your contribution. Of course, if you're severely disliked, it might take a while for them to name you...
Seriously though, I would think about doing something exceptional instead of going about thinking of how to win the Nobel Prize. How about an alternative to Dark Matter theory with substantial proof? This currently looks like a good possibility. A certain Physicist who's name evades me, suggests that the Inverse Square Law (relating to the weakening of a gravitational field) may be a little bit wrong. Apparently, if you alter the Law very slightly, the need for dark matter is no longer present.
"Evidence" So far:
-old fashioned satellites, with no navigation correction, unexpectedly drifted off course
-Dark Matter- Well, it's a bit of a bodge, isn't it!
(Sorry if i've offended any other physicists)
Frankly speaking, study FOR a prize is not right. Also, it's dangerous.
Ha ha...what to do to win a Nobel Prize? You must be joking. To win a Nobel prize you must be the greatest genius of all. You can't do anything to win. You must be born a genius and of course wotk very hard for all of your life, because ti is not true that the geniality is everything you need for success. But I think it΄s not important whether you get or not a Nobel prize. The important think is that you enjoy what you doing. The Nobel prize could be one day just a sweet award of your hard work.
| risuarez wrote: |
Hello all:
Well, I am an economics student and I really love to do what I do. So I would like to ask you, How do you thing I could win the Nobel prize in Economics?? Thanks in advance for your suggestions. |
I think the idea with the noble prize is to reward people who are worthy of it, and who didn't try to win a prize, but did something good for the world... | Indi wrote: |
Technically there is no Nobel Prize for Economics.
Study. |
what about the guy in bangladesh who got a prize for a creating a bank?I think you pretty much cant win the nobel prize just because you want to and without a clear and intelligent, and, most important, unique idea!
As mentioned before, extreme creativity is definitely important. Natural ingenuity and hard work also. Winning the Nobel prize is extremely rare, so your chances are very slim, and you must have made a huge contribution to your field in order to have some sort of chance for the Nobel prize.
If you expand game theory and somehow work out the math for like a n-person system and then write a program that can account for this thus making yourself ultra rich or something you could get a nobel prize
| SunburnedCactus wrote: |
Have a breakthrough that completely revolutionises thinking on the subject.
Usually works. |
yup it'll work..
