Nobel http://www.kunc.org en The Nobel Laureate Who Figured Out How To Deal With Annoying People http://www.kunc.org/post/nobel-laureate-who-figured-out-how-deal-annoying-people <em>Update, Sept. 4: We added the audio for David Kestenbaum's radio obituary of Ronald Coase.</em><p>If you created the world as a simple economic thought experiment, companies wouldn't exist. Instead, everybody would work for themselves, and they'd be constantly selling their labor (or the fruits of their labor, or use of their tools, or whatever) to the highest bidder. Wages would rise and fall every day (every hour! every second!) depending on supply and demand. Wed, 04 Sep 2013 18:07:00 +0000 49189 at http://www.kunc.org The Nobel Laureate Who Figured Out How To Deal With Annoying People Highest Bidder Will Get DNA Pioneer's Nobel Medal http://www.kunc.org/post/highest-bidder-will-get-dna-pioneers-nobel-medal This is no ordinary family heirloom.<p>The granddaughter of English scientist <a href="http://www.nobelprize.org/nobel_prizes/medicine/laureates/1962/">Francis Crick</a>, the co-discoverer of the structure of DNA who passed away in 2004, is putting his <a href="http://historical.ha.com/c/item.zx?saleNo=6093&lotIdNo=50001#Photo">Nobel Prize medal</a> up on the auction block.<p>"It had been tucked away for so long," said Kindra Crick, 36, of the medal. Wed, 27 Feb 2013 17:14:00 +0000 Scott Neuman 40792 at http://www.kunc.org Highest Bidder Will Get DNA Pioneer's Nobel Medal After Helping Europe Rise From Ashes, EU Accepts Nobel Peace Prize http://www.kunc.org/post/after-helping-europe-rise-ashes-eu-accepts-nobel-peace-prize Giving the 2012 Nobel Peace Prize to the European Union has been controversial.<p>As <a href="http://www.npr.org/templates/story/story.php?storyId=166855911" target="_blank">The Associated Press reports</a>:<p>Three previous Peace Prize laureates "South African Archbishop Desmond Tutu, Mairead Maguire of Northern Ireland and Adolfo Perez Esquivel from Argentina, have demanded that the prize money of $1.2 million not be paid this year. Mon, 10 Dec 2012 16:43:00 +0000 Mark Memmott 37464 at http://www.kunc.org After Helping Europe Rise From Ashes, EU Accepts Nobel Peace Prize Nobel Goes To Economists Who Actually Solved Problems In The Real World http://www.kunc.org/post/nobel-goes-economists-who-actually-solved-problems-real-world For economists, prices are like magic. They send all kinds of signals about who wants what, and how badly they want it. Prices are what make markets work so well in so many settings.<p>But there are some things we don't want to put prices on. We don't pay organ donors. Children attend public high schools for free. Mon, 15 Oct 2012 13:45:00 +0000 35063 at http://www.kunc.org Americans Roth, Shapely Win Nobel Prize For Economics http://www.kunc.org/post/americans-roth-shapely-win-nobel-prize-economics Two Americans took the Nobel prize for economics this morning.<p>Alvin E. Roth, of Harvard University, and Lloyd S. Shapley, of University of California, Los Angeles, were given the award "for the theory of stable allocations and the practice of market design."<p>If that doesn't mean anything to you, <a href="http://www.nobelprize.org/nobel_prizes/economics/laureates/2012/press.html">the Nobel committee explained</a> that their work essentially explained an important economic problem: How can different economic actors find each other. Mon, 15 Oct 2012 11:42:00 +0000 Eyder Peralta 35055 at http://www.kunc.org Americans Roth, Shapely Win Nobel Prize For Economics