Interest rises in Greenspan Nobel

[Seth Ackerman]

The last pair of bozos to win the economics Nobel went on to almost destroy
the world economy. Greenspan will be in good company... 

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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.