| 1 | This is why the Nobel Committee should be commended. | |
| 2 | He was honoured with the Nobel prize for medicine in 2002. | |
| 3 | The Nobel Institute, which awards the annual prize, does not release the list of nominees, but nominators sometimes announce their selections. | |
| 4 | In truth, however, the Nobel confers no recognized authority on the laureate, only attention - one gift President Obama most certainly does not need. | |
| 5 | But if you do it well, you might win a Nobel Prize in economics - as Christopher Sims and Thomas Sargent have done. |
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