Economist wins Nobel Peace Prize

The winner is Muhammad Yunus, economist (!) and founder of the micro-credit movement, along with his Grameen Bank.  Here is the story.  Here is his Wikipedia entry.  Here is my New York Times column on micro-credit.  Here is the best piece on what we know about micro-credit.  Here is Yunus’s book on micro-credit, which also serves as a memoir and autobiography.  It is a captivating and well-written story.

This is a wonderful choice.  The funny thing is, they never would have considered this guy for the Economics prize. 

I would write more, but a) read my column, and b) the Topalov-Kramnik sudden death speed chess tiebreakers are being played this morning, watch them live here.  Susan Polgar offers running commentary here.


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