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The Nobel Prizes are much more than awards to scholars; they are a celebration of civilization, of mankind, and of what makes humans unique - that is their intellect from which springs creativity.

The Nobel Prize, so long regarded in our science as the highest reward a man's work can earn, must bring to its recipient a most solemn sense of his debt to his fellow scientists and those of the past.

With the variety of fields within economics, broadly conceived and the increasing specialization of scholarly world, the award of a Nobel Memorial Prize honors not only the individual scholar but, implicitly, also a special field or a distinctive method.

When I was young my Father used to tell me that the two most worthwhile pursuits in life were the pursuit of truth and of beauty and I believe that Alfred Nobel must have felt much the same when he gave these prizes for literature and the sciences.

And yet the Nobel Prizes, in singling out individuals, have done a great deal of good in pointing up to the world as a whole and setting forth clearly goals for achievement.

The Nobel Prize is an honor unique in the world in having found its way into the hearts and minds of simple people everywhere. It casts a light of peace and reason upon us all; and for that I am especially grateful.

The Nobel awards should be regarded as giving recognition to this general scientific progress as well as to the individuals involved.

The tremendous honour of the Nobel Prize is of the strongest incentive to me in my work, while the amount of the Prize will greatly simplify my task and provide me with much valuable help in my work.

Alfred Nobel was much concerned, as are we all, with the tangible benefits we hope for and expect from physiological and medical research, and the Faculty of the Caroline Institute has ever been alert to recognize practical benefits.

It is well known that the Nobel Committees bring world opinion to a focus, and that fact still further enhances the prestige attaching to the Prizes.