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Comment by chaostheory | Hacker News Reader

1) He didn't win a Nobel prize; it's actually the Sveriges Riksbank Prize http://en.wikipedia.org/wiki/Nobel_Prize_in_Economics#Relati...

2) As someone who advocated the flawed (and now admittedly failed) bailout scam, I'd have to question this

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We don't know whether the bailout plan has failed yet. Calling it a scam is certainly premature.

Not really. I call it a scam because it's not limited to just 700 billion. It's an unlimited raid on the treasury, and even the modified plan still doesn't have enough transparency. It gives the executive branch even more power.

To me this is just politics, since the prize was awarded by one of the central banks to someone strongly advocating their policies...

If it works, it's still a scam.

i have no idea what you're talking about. He's been highly critical of the plan from the outset. I've seen post after post criticizing it and only one or two which basically said, "this isn't perfect, but we need to act now, and this can get through the senate so it's the best we've got".

To be fair, his support of the bailout was basically along the lines of "this isn't great, but we have to do something."

I get my financial advice from "midnight code monkeys".

Also, there is no Maths Nobel. The closest thing is Economics, which is what John Nash won.

The closest thing is the Fields medal.

Fields is structured differently than the Nobel prizes though - only once every 4 years, and only to mathematicians [edit: not] over 40.

I think you meant "not over 40".

I meant the closest Nobel to a Maths Nobel is Economics. I didn't mean another award entirely.

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