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Give your children a future this
Christmas. Help Peter Nobel defrock the high priests of our present
insanity! "Take the Nobel name off the economics
prize," say relatives. by Jonathan Thompson Observer (London), 2
December, 2001 It is a name synonymous with peace. But with the centenary
celebrations of the Nobel prizes beginning this week, a dispute has broken out
between the custodians of Alfred Nobel's estate and members of his family.
Peter Nobel, the great-grandson of Alfred's brother Ludwig,
along with three of his cousins, have questioned the legitimacy of the
economics prize and demanded that the Nobel name be dropped from the award.
They claim it was "never in Alfred Nobel's will and is not in the spirit of his
prizes". Their stance has angered the Nobel Foundation, which administers the
prizes, and threatens to overshadow the festivities.
The economics award has always been separate from the other
five, which are given for outstanding contributions in the fields of
literature, peace, physics, chemistry and medicine. Unlike these, economics was
never mentioned specifically in Nobel's will; that prize was established in
1968 to celebrate the 300th anniversary of the Riksbank, the Swedish central
bank. Peter Nobel and his cousins are now arguing that it should be named the
Riksbank Prize to reflect its heritage.
They claim that Alfred Nobel, an idealist and inventor who
has no direct descendants of his own, was highly sceptical of economics, and
the existence of this award is an insult to his legacy.
The Nobel Foundation has sided with the Riksbank. "This is a
non-issue," said Michael Sohlman, executive director of the foundation. "It is
surprising because Peter Nobel is claiming that the family never agreed to this
award, but I have very clear documentary evidence from 1968 showing that they
did."
Mr Nobel said: "I am going to ask Mr Sohlman to produce
these documents. I have never heard of their existence before and I would like
to see the wording before I make any decision. The most important thing is to
make a distinction between this economics award and the Nobel prizes."
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"Anyone who believes exponential growth can go on forever in
a finite world is either a madman or an economist."Kenneth
Boulding
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