Saturday, October 23, 2010

Foreclosure Frauud and the Nobel Prize

OK not foreclosure, just a little trademark infringement, in the spirit of the times....

The Economics Prize in memory of Alfred Nobel should be criticised on two grounds. First, it is a deceptive utilisation of the institution of the Nobel Prize and what it represents. Second, the economics prize is biased, in the sense that it one-sidedly rewards Western economic research and theory [...]

The Nobel committee of the Norwegian parliament (which selects the peace prize candidate) expressed serious misgivings [when the economics prize was proposed]. But a rapid decision was expected, apparently under pressure. Why? Riksbanken’s chief Per Åsbrink had close contacts within the government, and for the Nobel Foundation [ed:not the Nobel committee] it was vitally important to conserve its tax privileges.[...]

Von Euler, visited the family’s eldest, Martha Nobel, then 87 years old — with severely impaired hearing but intellectually in good form. They obtained her written approval of the economics prize “under given conditions,” namely that the new prize in all official documents and statements should be kept separated from the Nobel prize.[...]

There was no approval from the Nobel family as a whole. We were informed only much later.[...]

What has happened is an unparalleled example of successful trademark infringement."

This is from an official statement on Oct 11, 2010, from the Nobel family asking that it's name be dissociated from the so-called Nobel Prize in Economics, and that the Ceremonies for the two prizes be separated; as reported by Jorge Buzaglo via RWER.

No comments: