Ignobels

Oct 02, 2009 09:18

This year's Ignobel prizes have been announced. I am most amused by the Economics prize:

ECONOMICS PRIZE: The directors, executives, and auditors of four Icelandic banks - Kaupthing Bank, Landsbanki, Glitnir Bank, and Central Bank of Iceland - for demonstrating that tiny banks can be rapidly transformed into huge banks, and vice versa - and for demonstrating that similar things can be done to an entire national economy.

Sadly David Oddsson didn't attend to collect the prize.

iceland

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