Word: prized
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...overall level of vitriol surrounding both the president’s “undeserved” Nobel Prize and his failed Olympic bid is bewildering simply because neither is in any way a reflection of seriously flawed leadership, political decision-making, or moral judgment on his part...
...case of the Nobel, the prize committee deserves criticism for failing to foresee the potential political backlash its actions would cause, but what’s done is done. Even if awarding the Nobel Prize in Peace to Obama was a mistake, it was not an egregious one. The real mistake would be to make so much of this event that it seriously hampers his political and diplomatic initiatives, many of which are admirable. Enough people have said that Obama needs to prove himself worthy of this honor—maybe they should stop their clamoring long enough...
Indiana University Professor Elinor Ostrom and University of California at Berkeley Professor Oliver E. Williamson will be the recipients of this year’s Nobel Prize in Economic Sciences, the prize committee announced yesterday—to the surprise of some members of the Harvard Economics Department...
Ostrom, the first female recipient of a prize in this category, was recognized for her work concerning economic governance...
...Yesterday’s] Nobel Prize is timely, as the economic crisis has taught us that we need to understand much better what goes on within large organizations, and what goes on within organizations is not entirely governed by market forces. This is precisely what the Nobel Prize winners and my colleague Oliver Hart have been researching on over the past three decades,” said Harvard Economics Professor Philippe Aghion yesterday...