Nobel Prize Economics 2010

On the 11th of October 2010, 3 economists were rewarded by the nobel prize economics. Two of them are american, and the last one is british and cypriot. Those two nationalities are a strong symbol for the European Union. Indeed, England entered the EEC (former EU) in 1973 and Cyprus entered the Eu in 2004. In a way, Christopher Pissarides is tracing the history of the EU construction through his prize. Indeed, C. Pissarides is a well-known academic at the London School of Economics, but he was born and raised in Cyprus and studied in Greece until he got to England. He embodies the European self-made who took advantage of the european wealth regarding cultural patrimony. For example, Mr Pissarides speaks Greek, Cypriot, English and French. His research interests focus on several topics of macroeconomics, notably labour, economic growth, and economic policy. It shows how much the european identity is at the core of global problems cause the EU is a member of the Triade. That's why we need to feel concerned by events taking place on a global scope because our politics and economics role is such an absolute necessity. Otherwise the industrialised world would rather go round in circles or would be just ticking over.
The primacy of the European Union is a privilege we need to maintain.