The Story about banks nobody noticed

Everyone has heard about the Nobel prize, and that a lot of people take it very seriously, especially within the fields it's awarded to. But academia celebrates it's funny solutions to problems too, the Ig Nobel prize.

The most funny thing about this prize is that the winners are genuinely happy to receive it, because some of the smartest people in the world has come together and read one of your works. It may not be equally impressive as the real deal, but the vast majority of recipients are genuinely happy to receive it. Fifteen minutes of fame is better than none, even amongst researchers.

On the other hand, it can also sting badly. Here is what scientists being sarcastic have to say about the banking system in September 2010:

ECONOMICS PRIZE: The executives and directors of Goldman Sachs, AIG, Lehman Brothers, Bear Stearns, Merrill Lynch, and Magnetar for creating and promoting new ways to invest money — ways that maximize financial gain and minimize financial risk for the world economy, or for a portion thereof.

 

Views: 17

Comment by Allanon6666 on June 7, 2011 at 8:37pm

I never knew about those, that's pretty cool.  Thanks for sharing.

Comment by Akshay Bist on June 7, 2011 at 9:57pm
LOL.
The ig Nobel doesn't mean its bad work. 6-7 years ago when I first read about the awards, it was in the newspaper, some physicists had won it for figuring out the dynamics of the hula hoop, and that had applications in robotics, stroke rehabilitation etc.

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