Nobel prize for economics for the year 2008 has been awarded to Paul Krugman, an economics professor at Princeton and also a New York Times columnist. I have been reading the columns of Mr. Krugman for sometime now and knew that he was a very famous economist and busily engaged in analyzing the policy decisions of the US government. But, what I did not know was that he was also a professor and a highly regarded academician who has done some great work in the field of international trade and economic geography. I read some of his interviews today after getting the prize and one can tell, he is very very happy. It is nice to see that. He said he had been expecting a Nobel but not just now. Guess, he has a pretty good assessment of himself and the system. He gets an equivalent of $1.4 Million in Swedish Kroans. For a change, after quite long he is the single recipient of the award. For past many years, it was being awarded to more than one person.
In other award news, Arvind Adiga has won the Man Booker prize for his “The White Tiger” defeating Amitav Ghosh and Salman Rushdie among others. Good for Indian fiction, I say. Now, more people will get their works eyeballed at least. I am still to read the book. Since it has won, I will too eyeball it once at least.
How good it must feel to get rewarded for a work which the world respects as high class. I think rewarding is a good practice and a never failing incentive at times. Award and recognition can act as great pushers. It is nice.