Alice Munro wins the Nobel Prize in literature

She is one of my favorite authors.  If you are looking for one place to start try Hateship, Friendship, Courtship, Loveship, Marriage: Stories, but all of her books are worth reading.  As writers go, she falls into the “behavioral” camp, so to speak.  Here is a story on Alice Munro retiring, as of earlier this year.  Here is an associated slide show.  I liked this article about her decision to retire.  She was 37 when her first collection of stories was published, her first story was published in 1977, but she had been sending stories to The New Yorker as early as the 1950s.  Here is a good interview with Munro.


Tyler, I found out about her work when you recommended her around this time last year. You've given me another favorite author, thank you!

Same here, thanks Tyler!

Great news. Hopefully this will give Munro much deserved exposure in the USA.

Once again the Nobel committee bows and scrapes before every whim and utterance of the esteemed Tyler Cowen. Look for Thai-Xing to win the Peace prize either this year or next.

I've been reading and enjoying her for years. But what on earth is the behavioral camp of authors?

Is the Economics Nobel Prize like the 100m sprint in track & field, the main event that warrants it being on the last day? And look how weak the Diamond et al field is on bank runs...duh, bank insurance may prevent bank runs! That's worthy of a Nobel?

From WSJ Real Time Economics blog: Forecasting Nobel laureates is a thankless exercise but that hasn’t stopped the predictions. This is Nobel week: Monday was medicine, Tuesday physics and Wednesday chemistry. Literature and peace follow today and Friday, respectively. And on Monday, Oct. 14, the spotlight turns to economics....If the award is for work on financial crises, banks, liquidity and regulation, Douglas Diamond of the University of Chicago Booth School of Business and Philip Dybvig, of the Olin School of Business at Washington University, St. Louis, are headliners. In 1983, the pair wrote a seminal paper spelling out why bank runs happen. The authors explained that deposit insurance could reassure customers and keep them from panicking and pulling their money out en masse.

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel comes after all the true Nobel prizes have been announced, and is separated by a weekend from the prizes actually established by Alfred Nobel. A fact which can be seen at - there, it is the only prize which is not actually called a Nobel Prize, nor awarded in the week where real Nobel Prizes are made public.

So what?

"She is one of my favorite authors" is diluted praise coming from Tyler Cowen.

No I find TC is not one of those "man who loves everything, therefore loves nothing" types, but instead is opinionated, but he's a middle-of-the-road kind of opinionated. Hence this blog says "small steps toward a much better world". You notice unlike Krugman, TC tries to be balanced in his op-ed posts at NY Times. From a chess point of view, you could say TC likes queen's pawn openings and closed positions rather than being a more attacking 1.e4 player. He probably does not play the Sicilian as black nor the King's Gambit as white. That way, he lasts longer rather than winning or losing in 30 moves. Patience is the key to TC's game. He is playing for the endgame. Boring? Well maybe, but boring often wins in chess. Look at Kramnik's upset victory over Kasparov at the WC match using the boring Berlin opening, and Anand may also adopt a boring defense against the favorite Carlsen in next month's WC match, akin to GM Boris Gelfand's grinding style (indeed Michael Adam's style, which amazingly lands him in the Top 10 again, after all these years), which almost won against Anand in the last WC match (indeed would have won had Gelfand not decided, right after winning one game, to go for a risky attack in the next game). A boring non-gambit vs the Goring Gambit--like putt for dough and drive for show in golf.

This year, predictions are coming true. This is unusual. Higgs was the favorite, and won. Munro was the favorite, and won. Who is the running favorite for the Econ "Nobel"?


The interview is indeed good.

Have you read any of her books in their entirety? Or have you just skimmed them or read parts of them? You've mentioned before how you often just skim or only read small parts of books.

Is that how he eats, too?

What is a "behavioral" writer?

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