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Interest rises in Greenspan Nobel
September 5, 1999
BY ROBERT NOVAK SUN-TIMES COLUMNIST
Friends and admirers of Alan Greenspan, including banking industry lobbyists, are mounting a campaign to bestow the Nobel prize for economics on the Federal Reserve Board chairman.
To give this award to a government official would be without precedent. Normally, the Nobel prize goes to an economist who has made a landmark theoretical breakthrough--something Greenspan has not done. A private economic forecaster before his appointment to the Fed, he did not earn his doctorate until relatively late in his career.