I (Shall Happily) Accept the 2016 Nobel Prize in Economics on Behalf of Satoshi NakamotoNearly 25 years after receiving my PhD in Finance from the University of Chicago, I finally heard from the Prize Committee for the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel -- popularly known as the Nobel Prize in Economic Sciences. No, I was not awarded the prize -- I was not expecting to. The committee has invited me to nominate someone for the 2016 Prize. I feel honored. Frankly, this is as close as I am going to get to the Nobel Prize. The names of a few deserving candidates quickly flashed through my mind. The names that most people in the Economics profession would agree with, Paul Romer who is at NYU, Doug Diamond at the University of Chicago, Steve Ross at MIT -- the usual suspects -- for their influential work in 1970s and '80s. In all likelihood, they will receive the highly coveted prize sooner or later.
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