What is something everyone in your world agrees about that you think is wrong?
Recorded
Daron Acemoglu
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said elsewhere, not written here
It is simplistic in the following sense that you cannot institute democracy from above. It’s a very difficult process. And democracy is not the only dimension of institutions that matters. Although my work does emphasise that democracy by itself matters as well. But the problem is really alive today in the industrialised world, where you would think, and many political scientists have claimed that democracy is safe and secure and would never be under threat. It is under threat. Support for democracy is at an all time low, not just in the US, although really jarringly in the US but not just in the US, throughout the western world. So democracy is not easy to make work because democracy is about democratic citizenship. It’s about consensus, it’s about communication. It’s about accepting defeat, making compromises, talking and understanding the other side. All of those things are always difficult. They become more difficult during times of turbulence, which, you know, we are living through and they become harder when the infrastructure, for example, the communication infrastructure, makes this sort of democratic citizenship harder, which I think is not the only factor. But social media has certainly played that role.
Adam Smith, Telephone interview recorded shortly after the prize announcement, Nobel Prize Outreach, 1 October 2026
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I went to the opera practically every night. I went to something practically every night, just learning and seeing and absorbing, and what I noticed is that there were singers that were only sort of slightly older than I whose voices sounded as though they were many decades older than that, and didn’t sound pretty, and I needed to understand what was happening. I mean there were singers that were 28 or 30 years old or something, and I would speak to them afterwards to say, “Was your voice tired tonight? Tell me what’s happening,” because I didn’t understand it. Their voices should have sounded fresh and blooming and wonderful, but instead they sounded different, and it was because they were singing a different opera every night, and singing whatever was offered, and I didn’t understand and needed to understand — because no one was telling me these things — why they just didn’t say no. Why didn’t they just say, “Oh no, I don’t think I should.”
Recorded
Academy of Achievement (achievement.org)
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Marvin Minsky
Cognitive scientist; co-founder of the MIT Artificial Intelligence Laboratory
People don’t have the slightest idea about how they do reasoning, and intuition is a polite word for guessing. And some people think that there’s some special kind of intuition which gives you the right answer in a magical way.
Recorded
Academy of Achievement interview, 4 May 2001
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Don’t write in public places. In the early 1990s I went to live in Paris. The usual writerly reasons: back then, if you were caught writing in a pub in England, you could get your head kicked in, whereas in Paris, dans les cafés . . . Since then I’ve developed an aversion to writing in public. I now think it should be done only in private, like any other lavatorial activity.
Recorded
The Guardian Review, 20 February 2010
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Muhammad Yunus
Founder of Grameen Bank; Nobel Peace Prize laureate, 2006
To me poor people are like bonsai trees. When you plant the best seed of the tallest tree in a flower-pot, you get a replica of the tallest tree, only inches tall. There is nothing wrong with the seed you planted, only the soil-base that is too inadequate. Poor people are bonsai people. There is nothing wrong in their seeds. Simply, society never gave them the base to grow on.
Recorded
Nobel Peace Prize lecture, Oslo City Hall, The Nobel Foundation, 10 December 2006
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Question
What are you most proud of?
Identity & self
I’m proud of all my heritages, and I’m delighted that I have been able to learn from many different experiences.
Recorded
Adam Smith, Telephone interview following the announcement of the 2024 Nobel Prize in Economic Sciences, The Nobel Prize, October 2024
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