On the recordSeptember 2, 1993
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 lifelong 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 fully competitive. Dr. Becker currently is a professor at the University of Chicago. He is to my immediate left. To my right are Dr. Edmond Fisher and Dr. Edwin Krebs. They are joint winners of the Nobel Prize in Physiology of Medicine. In the 1950's they discovered a cellular regulatory mechanism that controls a variety of metabolic processes. The Nobel selection committee stated that this discovery, and I quote, ``concerns almost all processes important to life and opened up one of the most active areas of scientific research.'' Dr. Fisher and Dr. Krebs are professors at the University of Washington in Seattle. To my left, Dr. Rudolph Marcus received a Nobel Prize in Chemistry for his mathematical analysis of the cause and effect of electronic changes among molecules. The Nobel committee said that this work helped to explain many complicated chemical reactions, including photosynthesis, that are fundamental to life's processes. Dr. Marcus currently is a professor at the California Institute of Technology. He told me that it took 20 years to actually prove the theories that he developed. And I told him that I was beginning to think that being President was more and more like being a scientist. [Laughter] We are very proud of these Nobel laureates. I salute their successes and their contributions, not only as President but clearly on behalf of all the American people. And I thank them and their spouses for coming to the White House today. Thank you very much. Do you, any of you, want to give a speech?
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