Paul Milgrom could not be roused in the middle of the night when news broke, so his fellow winner, Bob Wilson, had to go and wake him up

When the Royal Swedish Academy of Sciences announced on Monday that the American economists Paul Milgrom and Bob Wilson had won the Nobel prize for economics, both men were fast asleep in their beds in Stanford, California.

Eventually the committee managed to get hold of Wilson to tell him the news. But Milgrom was asleep and nobody could contact him. So it was up to Wilson – who happens to be Milgrom’s neighbour – to go to the home of his former student in his pyjamas to relate the happy tidings, that he had won the prize worth US$1m.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Proportional representation can save Britain from its multiple crises | Andy Burnham

Our rotten political system must change – inequality has been hard-wired into…

West Ham’s Cresswell and Moyes see red as Frankfurt make Europa League final

The disappointment was too much for West Ham to bear. Even David…

Russia-Ukraine war: Belarus begins air force drills with Russia; Dnipro strike death toll rises to 35 – live

Minsk says drills are ‘purely defensive’ amid fears in Ukraine of new…

Mouldy, damp house did not cause man’s death, coroner rules

Postmortem examination had found aspergillus on lungs of Luke Brooks, 27, who…