Article: Remarks to the 1992 Nobel Prize recipients and an exchange with reporters. (Transcript)

September 2, 1993

The President. Ladies and gentlemen, I am here this afternoon to honor these winners of the 1992 Nobel Prize. I take great pride in their being recognized in their life-long efforts to contribute to science and technology and to better the human condition.

Dr. Gary Becker received the Nobel Prize in Economic Science for his expansion of economic analysis to aspects of human behavior that had not before been analyzed with economic principles of our other social science disciplines. For example, in the 1950's, Dr. Becker made a groundbreaking proposal by concluding that racial and ethnic bias could exist only where markets were not ...

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