Quote from ProfLogic:
Second, I was approached and asked while in Switzerland to present a paper outlining my research on "constant volume bars" to a group of individuals that told me they represented a local economic think tank in Zürich. I presented the paper at the University in 2005 and seeing that it was in one of the larger classrooms in front of 4 individuals that couldn't speak English and a translator, I had no reason to doubt their authenticity. I had no idea why I was there or why they wanted the information. After presenting the paper I was taken back to my hotel by the the translator who worked for them. He told me as we talked on the way to the hotel that they were looking for new ideas in the realm of economics and that they picked me to present a paper because they felt what I had discovered to reconstruct a chart environment was unique and groundbreaking. He told me that all of the individuals presenting papers to them were going to be nominated but that the probability of ever winning was "1 in 50 million". We both laughed. Many people are nominated for Nobel's. Most of the individuals none of us have ever heard of. Is it an honor to win, maybe. IMHO it used to be a bigger honor than it is now. I mean gee, Gore won one. Enough said. Is it of any value to be nominated? In my opinion, no. There are groups all over the world that submit nominations into the Nobel committee that never get a single consideration and no one knows one was even nominated for 40 plus years. I can only imagine that my submission was met with by a quick toss into the trash can. I simply think it was neat to have even a small eccentric group of economic "thinkers" feel that what I had developed was of some value. I knew it was but I am a no body.