Monday, October 10, 2011 - 10:32 AM

There are few signs of the Amerislump in Stockholm. U.S. economists Thomas Sargent and Christopher Sims were awarded this year's Nobel Prize for Economics. This is the 11th straight year that at least one of the recipients of the economics prize has been American. All three of the physics winners this year and one of the medicine winners were also American.
In terms of total, all-time Nobel wins, the United States has more than twice as many as any other country and as this chart from Flowing Data shows, that dominance has only increased in recent years. The glaring exception is the literature category, which no American has won since Toni Morrison in 1993.
China is something of a Nobel underperformer. While there have been dozens of Nobel winners of Chinese descent, and Chinese birth, the only one who actually made his career in China was last year's Peace Prize winnder Liu Xiaobo, one that Beijing is not exactly proud of.
Decline-o-meter: The U.S. has a formidable lead on this one. But keep in mind that this is something of a lagging indicator since, in the science categories, as opposed to the Peace Prize, awards are typically given for work done several years in the past rather than in the previous year.
Also, the large number of immigrants and dual citizens who have won awards in the sciences suggests that the U.S. edge may be its ability to attract talent as much as its ability to produce it. The U.S. will need to continue to be a desirable destination for the best and the brightest if the streak is to continue.
YEA! Americans winning the Nobel Prize is totally proof of American decline............not.
I call shenanigans on this entire column. I am starting to get really tired of this whole "American decline" fad.
You did read the article right? It gets a 'Keep calm and carry on' rating, mainly because the Nobel prize is rewarded for research usually done many years ago.
As it stands, I think the Decline Watch series is definitely worth pursuing. It's handy to get an overview of various economic and social indicators and compare them to previous years and decades to see what's changed. While not all of the DW's referenced material might be relevant (as the author states clearly in the fourth paragraph), but as others use these metrics to justify their opinions on the presence of decline in American society it's handy to know.
Another Nobel Prize to Americans
Sims and Sargent won the Economics Nobel Prize. These Guys had done a lot of work for this. Their research about the impact of govt policies over economy is really great.
One of the columns on FP I think is generally pretty poor and kind of gimmicky.
...gentle tapping on the back than anything else. Your economy sucks, so we might as well give them nobel prize in economics...
...a three, no? America's immigration system is as byzantine as it has always been. Didn't stop too many people from coming here, and they still do come here, regardless of the economy shenanigans and what-not.
Number of NP:s are no REAL indicators. Theres work of equal importance in many labs in many countries. The Nobel comite chose which to reward and there is a VERY strong Pro-US bias in general in the nordic countries.
So they chose to reward americans work before that of others.
Only the literature prize tends to be evenly spread.
Besides just because they REWARD bright people theres no guarantee that the Nobel comite are that bright themselves; the most famous case is Einstein who was awarded the Physics price for the discovery of the photoelectric effect, an obscure and unimportant finding whereas the Relativity theory, the greatest physics theory since Newton published the Principia, never got ANY reward at all. (The Nobel Comitee). The Swedes simply never understood it!!!
I think the Decline Watch series is definitely worth pursuing. It's handy to get an overview of various economic and social indicators and compare them to previous years and decades to see what's changed. While not all of the DW's referenced material might be relevant (as the author states clearly in the diy home fourth paragraph), but as others use these metrics to justify their opinions on the presence of decline in American society it's handy to know.
Yep yap, and Barack Obama got Nobel prize for piece... Yeah, right!
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