T7.JPGYes in “Puzzles and paradoxes” Angus Deaton reported to have said he was a mathematician of sorts in his spare time and that he had studied economics only to escape from mathematics.  Of course it is his economics, not mathematics, earned him a Nobel Prize.  As we all know, today there is no mathematics prize by Nobel Foundation.  Alfred Nobel in his will dictates that his entire remaining estate should be used to endow “prizes to those who, during the preceding year, shall have conferred the greatest benefit on mankind.” There is a Nobel Prize for Physics, Chemistry, Medicine, Literature, Peace and for Economics then, why don’t add Mathematics which among all conferred the greatest benefit on mankind. Nobel Foundation has to consider this. In 1968, a new prize called the Sveriges Riksbanks Prize for Economic Science in the Memory of Alfred Nobel was created, but since then no requests for new prizes has been granted.  However, when Angus Deaton confessed he was helped by the little mathematics that he had learned, it was a proud moment for every mathematician.

His love for math is comprehended when he say one of his child was a math major and the breadth and depth of experience of his child was much superior to what he had.  Let’s be optimistic and hope that Nobel Foundation be persuaded to include Mathematics as a category in Nobel Prize.  With lots and lots of question branching in my mind for ‘why not a Nobel for math?’ I am looking forward to witness awarding a Nobel prize to a full time Mathematician (like John Forbes Nash, Jr. with both an Abel in math and Nobel in another discipline) too in near future.

 

https://www.princeton.edu/~deaton/downloads/deaton_puzzles_and_paradoxes_v1_5_11_17_11.pdf

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