{"id":188389,"date":"2010-10-06T20:30:00","date_gmt":"2010-10-07T01:30:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2010\/10\/06\/and-the-winner-of-the-economics-prize-is\/"},"modified":"2010-10-06T20:30:00","modified_gmt":"2010-10-07T01:30:00","slug":"and-the-winner-of-the-economics-prize-is","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2010\/10\/06\/and-the-winner-of-the-economics-prize-is\/","title":{"rendered":"And the Winner of the Economics Prize Is"},"content":{"rendered":"<blockquote style=\"color: rgb(0, 0, 153);\"><p>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 &#8212; ways that maximize financial gain and minimize financial risk for the world economy, or for a portion thereof.<\/p><\/blockquote>\n<p>They are, of course winners of the <a href=\"http:\/\/improbable.com\/ig\/winners\/\">2010 <span style=\"font-weight: bold;\">Ig<\/span> Nobel Prize<\/a>, who, in 2009, awarded the prize to, &#8220;The directors, executives, and auditors of four Icelandic banks The directors, executives, and auditors of four Icelandic banks \u2014 Kaupthing Bank, Landsbanki, Glitnir Bank, and Central Bank of Iceland \u2014 for demonstrating that tiny banks can be rapidly transformed into huge banks, and vice versa \u2014 and for demonstrating that similar things can be done to an entire national economy.&#8221;<\/p>\n<p>I so want to get one of these prizes, but I think that I lack the requisite imagination.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 &#8212; ways that maximize financial gain and minimize financial risk for the world economy, or for a portion thereof. They are, of course winners of the 2010 Ig Nobel Prize, who, &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1004,1015],"tags":[],"class_list":["post-188389","post","type-post","status-publish","format-standard","hentry","category-finance","category-weird"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/188389"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=188389"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/188389\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=188389"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=188389"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=188389"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}