Nobel Prizes

November 1982
National Review;11/12/1982, Vol. 34 Issue 22, p1392
This article presents information on various Nobel Prize winners of the year 1982. Gabriel Garcia Márquez won the Nobel Prize for literature. It is stated that he is a rarity among present-day authors--one who satisfies both the advocates of modernist, experimental fiction, and the devotees of Russian novelist Leo Tolstoy and old-fashioned storytelling. His novels, with their surrealist imagery and Faulknerian time-displacements, challenge the most demanding critics. George Stigler won the Nobel Prize for Economics. It is reported that Stigler proved some massive programs regulating the stock market and utility rates had no identifiable effects at all. His theory that agencies are liable to be captured by the interests they regulate was daring at the time, it has since proved so convincing that it is now an analytical commonplace across the political spectrum.


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