One of the great things of doing research at an institution like Harvard University is the incredible academic environment you can breathe here. We are surrounded by outstanding academics in different disciplines and you can feel it. Their work is sometimes recognized and they are usually awarded for it. However, this time a Nobel Prize landed over my department. This is probably the most important academic award in the world, so the repercussion is extraordinary.
Dr. Oliver Hart was co-awarded for his work on contract theory. The name of the award is actually Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel (also known as Nobel Prize in Economics). As a member of the Department of Economics I received an invitation to attend a reception, including a toast with the nominee, at the Faculty Room of the University Hall. I attended and it was a unique experience.