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The Almighty Buck Science

James Watson's Nobel Prize Medal Will Be Returned To Him 235

First time accepted submitter Dave Knott writes Following the recent auction of James Watson's Nobel Prize medal, the winning bidder will return the medal to Watson. The $4.7 million winning bid was made by Alisher Usmanov, Russia's wealthiest man, a metal and telecommunications tycoon worth $15.8 billion US. In remarks carried by Russian television Tuesday, Usmanov hailed Watson one of the greatest biologists in the history of mankind, and stated that when he learned that Watson was selling the medal for charity, he decided to purchase it and immediately give it back to him.
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James Watson's Nobel Prize Medal Will Be Returned To Him

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  • Lucky Jim (Score:5, Funny)

    by RDW ( 41497 ) on Wednesday December 10, 2014 @03:39PM (#48566577)

    Funny if he decides to auction it again next week.

  • Cool (Score:2, Funny)

    by Anonymous Coward

    So now Watson can sell it again!

  • One good turn... (Score:5, Insightful)

    by Quantus347 ( 1220456 ) on Wednesday December 10, 2014 @03:44PM (#48566631)
    Finally gets another. One guy does something selfless, and another guy does too as a reward. Especially since in an auction he's not just covering the cost, he's running the price up with his participation in the bidding. When everything i read seems to drop Humanity notch-by-notch, it's nice to see something that bumps it up a bit. Kudos Human Race.

    [/Optimism]
    • Re: (Score:2, Interesting)

      by Anonymous Coward

      Sure... With that net worth, 4.7 million is less than 0.03%. Consider the average American with a net worth of $300k. This would be like buying the medal for $90 then returning it.

      So really it was nothing to him but will make him even more famous and "awesome" to other people.

      • by Dzimas ( 547818 )

        Consider the average American with a net worth of $300k...

        The median *family* net worth in the United States was only $56,335 in 2013. ;)

        • You're thinking of net income. Median net worth is closer to $81k (as of 2014), and the mean considerably higher than the GP's estimate.

          http://www.usatoday.com/story/... [usatoday.com]

          Regardless though, there's a huge problem here where there is an assumption that the total charitable contributions of this guy in his lifetime is encompassed by one charity auction purchase.

        • I was going to say "I think you mean net income", but holy crap you're right. On the flip side of that, a mortgage is usually a couple hundred thousands dollars on the negative side.

          • But until recently people usually had equity in their home, so it wasn't a net negative, since the home itself has value and can be sold for more than the cost of paying off the mortgage. But since the financial crisis, there is a decent segment of the population that have negative equity
            • How recently? My parents never had net positive equity until they retired & paid if off with retirement money.

              In part because mortgage rates in the 1980s were in the 15-20% range. Hard to build up equity in that environment.

        • by Dunbal ( 464142 ) *
          Reminds me of that Wall Street Journal article where the reporter was complaining about how poor she felt on "only" 480k a year income.
      • So you're suggesting what, a minimum dollar amount of charity before such a thing can be considered worthwhile? Anything less than 10% and you might as well not bother?

         

      • Yeah, what a shithead for donating some of his resources to charity.

        He gives more money than you'll see in your life in one day, and you're shitting on him because he didn't give more? Ingrate.

    • Re:One good turn... (Score:4, Informative)

      by shankarunni ( 1002529 ) on Wednesday December 10, 2014 @04:11PM (#48566879)

      Selfless? What the ****?

      Did you even read _why_ he had to auction off that medal? Read the source links, and follow them back.

      TLDR: He made himself an outcast by tossing out some really incendiary stuff about Africans, women, etc. (basically saying that they were "less intelligent", etc.) Once his sources of income (speaking, consulting) dried up, he needed to rehabilitate himself, so he's concocted this (IMO cynical) ploy of "selling his medal for charity" (yeah, right..)

      I'm sure his opinions mesh well with the Russian oligarchs'..

      • Re:One good turn... (Score:5, Interesting)

        by mark-t ( 151149 ) <markt AT nerdflat DOT com> on Wednesday December 10, 2014 @04:25PM (#48567019) Journal

        More generally, he stated that there is no actual data to support the notion that race does not contribute to intelligence, making a specific reference to Africans, and which happens to be a politically incorrect notion, but is still an accurate statement.

        This does not mean that members of one race are necessarily intellectually inferior to another, it only means that there exists some sizable amount of data which merely suggests it as a possibility, and that no data has yet been accumulated which can actually show that this is not the case. The strongest objection to the conclusion comes from a political reaction to it, and does not arise from the data itself. It would have been far more interesting to do a detailed exploration on exactly why the data appeared to indicate that than to simply make the statement about the data that he did, since there was absolutely no possible way to interpret it without him being seen as racist.

        • by Threni ( 635302 )

          > it only means that there exists some sizable amount of data which merely suggests it as a
          > possibility, and that no data has yet been accumulated which can actually show that this is not
          > the case

          You've got it backwards. The "sizable" data is just not sizable enough, not backed with any reputable peer reviewed studies, and therefore there's no case to answer.

          And what he's said (repeatedly) is literally an example of racism, of racist statements.

          • by presidenteloco ( 659168 ) on Wednesday December 10, 2014 @04:42PM (#48567205)

            Evaluate for yourself:

              [Watson] said he is “inherently gloomy about the prospect of Africa” because “all our social policies are based on the fact that their intelligence is the same as ours – whereas all the testing says not really”, and I know that this “hot potato” is going to be difficult to address. His hope is that everyone is equal, but he counters that “people who have to deal with black employees find this not true”

            One thing I know about IQ tests in my experience is that they seem biased toward people who a) have a particular math and science educational history, and b) have a lot of time on their hands to think abstractly.

            • by quenda ( 644621 )

              One thing I know about IQ tests in my experience is that they seem biased toward people who a) have a particular math and science educational history, and b) have a lot of time on their hands to think abstractly.

              Or, and I'm going out on a limb here, the tests could just be biased towards people with a high IQ? (Which may correlate to the other factors you mentioned)

              The fact is that IQ tests are a better predictor of many things than educational history or free time. This make it scientifically valid.

          • by shitzu ( 931108 ) on Wednesday December 10, 2014 @04:53PM (#48567311)

            You cannot debunk what he said by just calling it racist. Is it true what he said? If it is, its not racist - a fact is not racist.

            • "[I am] inherently gloomy about the prospect of Africa [because] all our social policies are based on the fact that their intelligence is the same as ours—whereas all the testing says not really."

              "[There is a natural desire that all human beings should be equal but] people who have to deal with black employees find this not true"

              He never specified which tests he was referring to in the first quote - I for one have not seen any studies of intelligence that showed any statistically significant link betw

            • by Livius ( 318358 )

              And if it's false, it's still not racist, just incorrect, unless it was done in bad faith.

            • You cannot debunk what he said by just calling it racist. Is it true what he said? If it is, its not racist - a fact is not racist.

              I agree you cannot disprove the truth of a claim by calling it racist, but for that same reason, being factual does not preclude racism.

              Because if all factual claims are not racist, a racist statement must not be true - but if racism does not change the truth content of a claim, a racist claim could still be factual.

              Going to the definition of the word, racist means discrimination on the basis of race. A simple true statement like, "whites are pale-skinned and blacks are dark-skinned" is discriminating

            • You cannot debunk what he said by just calling it racist.

              It is far easier to debunk on its face: race does not exist in hard science, but only in sociology. Genetically, there is no "race trait." Biologically, it is not a characteristic that is used. Its really a crap concept and eventually we'll stop using it. But I have deep concern for them because most people find that biologists are not as smart as other races. (See? I can talk nonsense, too!)

            • by quenda ( 644621 )

              If it is, its not racist - a fact is not racist.

              Actually, to steal from Cobert, facts have a well-known racial bias. Life is not fair.

        • More generally, he stated that there is no actual data to support the notion that race does not contribute to intelligence, making a specific reference to Africans, and which happens to be a politically incorrect notion, but is still an accurate statement.

          So he is saying that Africans are more intelligent than Europeans?

          • by mark-t ( 151149 )
            He was saying, in a nutshell, is that in the data that he had analyzed, he could not find evidence to support the notion that Afircans are as smart as Europeans. Whether this is because this was actually a valid conclusion, or because his data set was not large enough, or because he was misinterpreting the data, or because there were potentially other causal factors influencing the data that were not accounted for is not known, but speaking for myself, I actually doubt the validity of his conclusion, and w
      • by Dunbal ( 464142 ) *
        Eh no. Even if Dr. Watson were a complete asshole, he's still the one co-credited with unravelling DNA and therefore his PERSONAL views aside, the whole world including yourself owe him a debt you will never repay because you have reaped the benefits from medical and pharmaceutical advances to ecological and industrial ones. Recognizing someone's contribution does not endorse their shortfalls. Otherwise the US is up shit's creek, what with all the torture, drone strikes, coups, etc...
      • Reading a source link [scientificamerican.com] "He plans to donate some of the proceeds to Cold Spring, where he still draws a $375,000 base salary as chancellor emeritus"

        He certainly didn't run out of money.
    • What was selfless about Watson selling his medal to get money for himself? The guy who bought it and returned it migh be considered selfless, but Watson's act of selling his medal was certainly not. Do you even know what selfless means?

  • by sideslash ( 1865434 ) on Wednesday December 10, 2014 @03:49PM (#48566675)
    Watson is a scientist. He's very intelligent. He's also a fallible human being. And he's old. Put all those together and you have a recipe for some unfiltered opinions. As long as he's honestly speaking his opinions, I personally disagree with blacklisting such people from society.

    When you think about it, our culture's political correctness has some weird quirks. Religious views, put forward as religious views, are summarily shot down, because ours is supposed to be a secular society informed by science. But there is a strong dogma that genetics is not a factor in the observed disparity in measurable intelligence between sub-Saharan Black Africans and Ashkenazi Jews. This dogma doesn't have any scientific basis that I'm aware of; the best that can be said is that we don't (yet?) understand all the many factors that affect intelligence. Therefore (correct me if I'm wrong), honesty should compel us to admit that genetics, including genetics exemplified in racial groups, may constitute major factors in intelligence. And therefore, Watson's fundamental heretical belief may be... true? Is it OK to talk about this?
    • I agree. Science and political correctness are not a good mix. I choose science.

      • I choose science too! One of the great things about science is that it can quickly conclude hypotheses based on opinion and prejudice. Continuation of such conjectures after solid refutation strips them of any "scientific" inquiry and authority. They are exposed for the pure prejudice they are.

        And all members of a society are welcome to respond to such open and public prejudice in any reasonable manner they choose.

        As he is also a well-known sexist jerk and research thief, I choose to spurn him. Join me if

    • by crunchygranola ( 1954152 ) on Wednesday December 10, 2014 @04:18PM (#48566947)

      I was unaware that Watson had been "blacklisted". After 39 years as Chancellor of CSHL, a good long run, which is largely a public relations function - he did show himself unsuited to continue filling that role due to his 'unfiltered' public expressed opinions (which had been occurring for quite awhile, even when he was not-so-old). Still his punishment was 'promotion' to Chancellor Emeritus with a perpetual $375,000 salary, still with a free mansion to live in. Few 'blacklisted' people are treated so favorably.

      He is still knocking down $30,000-$75,000 minimum fees [celebritytalent.net] for public appearances. Pretty good money for someone who is 'blacklisted'.

      What You really seem to be saying is that he should be above criticism, and not accountable for anything he says. I disagree.

      • by jayrtfm ( 148260 )

        Yeh, a friend who was a scientist there gave me a good 10 minute rant about him. That salary would fund 8 or so post docs.

      • I'm never quite sure if it's mere hyperbole or raging entitlement that causes people to breathlessly use the language of actual oppressive activity to describe people who are being 'punished' in ways that most of us will never have the pleasure of being treated.

        "Blacklisting" is, from time to time, an actual labor market practice, and it stings a lot more than being quietly retired to a cushy honorary position. As in, y'know, literally never working in this town (or larger area) again, prolonged unemploy
    • by davmoo ( 63521 ) on Wednesday December 10, 2014 @04:22PM (#48566987)

      He didn't wait to be old to fuck over Rosalind Franklin.

      • by tibit ( 1762298 )

        Let's get over the "poor Rosie", shall we? It's just stupid. Go read the 1968 Double Helix. Nobody fucked her over. She died from an illness, and Watson himself acknowledges that she was a solid experimentalist. She was also an occasional bitch :)

    • Did you even see what he said? Watson's statements also went outside the bounds of science by making broad conclusions from his own anecdotal evidence. They were absolutely not scientific.

      Regarding intelligence, if you're talking about IQ tests, they're poor measurements of intelligence because they tend to be culturally biased. A lot of studies have shown that race as we know it is more of a social construct than a genetic one and what we define as races is only loosely correlated to genetic variance.

      • I characterized it as his expressions of honest (at least I take him at his word) opinion.

        You appear to be part of that species of fence sitters who are unwilling to commit to anything even when your position gets ridiculous. Of course some intelligence tests have some part that is biased toward cultures. They are still of some use at estimating the parts of intelligence we most care about for practical purposes. And more particularly, IQ tests are useful at predicting aptitude to excel at Western intel
        • He appeared to be saying that the intellectual inferiority of blacks is shown by every black employee, which is very definitely untrue and definitely racist. The comment about Africa at least has a little justification.

        • The evidence is still "on the fence," so it's hard to draw any conclusions from. Even some studies among identical twins have shown a correlation below 0.5.

          I will agree that western designed tests show that westerners do well at western institutions. Nearly any time someone creates a metric of something as difficult to define as intelligence, they create it in such a way that they're the top scorers. I'm sure if those living in sub-saharan africa were to design their own intelligence tests, it would favo

          • by Smauler ( 915644 )

            I'm sure if those living in sub-saharan africa were to design their own intelligence tests, it would favor them instead.

            Are there any intelligence tests in which people from sub-saharan Africa do come out on top?

          • I will agree that western designed tests show that westerners do well at western institutions. Nearly any time someone creates a metric of something as difficult to define as intelligence, they create it in such a way that they're the top scorers. I'm sure if those living in sub-saharan africa were to design their own intelligence tests, it would favor them instead.

            Except for some weird reason, those eastern orientals seem to do very well on these western tests of intelligence, even though they learn English as a second language! So much so that western universities are flooded with them and the administrators of the western universities are restricting oriental student numbers while handing out affirmative action slots to blacks.

            Doesn't it strike you as odd that first generation immigrant oriental children score higher on the English (verbal) portion of the SATs than

    • I personally disagree with blacklisting such people from society.

      Blacklisting people from society for what they say has a name. It's called censorship.

    • by Tom ( 822 )

      Religious views, put forward as religious views, are summarily shot down,

      Which world is that you live in? Religion still carries much more credit than its performance record justifies. The pope is invited to parliaments and international diplomacy as if he was somehow especially smart or important. Even the Dalai Lama is given special respect for purely religious reasons. Churches enjoy special priviledges in many countries, with tax exemption being just the tip of the iceberg.

      The simple fact is that the human brain and psychology has evolved little from tribal society and we be

      • by swb ( 14022 ) on Wednesday December 10, 2014 @05:08PM (#48567435)

        The pope is invited to parliaments and international diplomacy as if he was somehow especially smart or important.

        The pope is treated as having political importance not because of the efficacy of his theology but because he is the spiritual leader of 1+ billion Catholics, a large portion of which actually believe in the doctrine of papal infallibility.

    • measurable intelligence between sub-Saharan Black Africans and Ashkenazi Jews

      Can anyone name me a black sub-suharan psychologist? Now, let's try the same with Ashkenazi Jews. (Freud comes to mind immediately for me -- but he's not the only brilliant mind)

      I find it simpler to explain the differences in the tests with the differences of the people who created them.

      • by pla ( 258480 )
        PsySSA [psyssa.com] can probably name a few for you.

        Probably even a few with a bit more up-to-date methods than an Austrian pervert dead some 75 years now...
    • But there is a strong dogma that genetics is not a factor in the observed disparity in measurable intelligence between sub-Saharan Black Africans and Ashkenazi Jews. This dogma doesn't have any scientific basis that I'm aware of; the best that can be said is that we don't (yet?) understand all the many factors that affect intelligence.

      I believe the "dogma" you refer to is the scientific method. The position you are describing (I'm not implying you're taking it) posits a causal relationship exists between the totality of sub-Saharan Black African genetic heritage and lower comparative intelligence with respect to another group.

      This is extremely difficult to show, and in my opinion rightfully receives criticism unrelated to it's social implications.

      • No, the dogma I referred to has nothing to do with the scientific method, as it arrives at its own definite conclusion about the measured intelligence gap: that it's not genetically driven in any substantial way. It's dogmatic opinion and political correctness, not science.
    • Actually, I think there are some good, sound, scientific reasons that intelligence differences along racial lines are not genetic (at least in major part). Simplest among these is that there is as much evolutionary pressure from problems such as tropical diseases as there is from survival during an ice age, or similar factors that are invoked to "scientifially "explain these differences.
      In general, Science frequently uses Occam's Razor in one of its classic forms "It i

    • by hey! ( 33014 )

      But there is a strong dogma that genetics is not a factor in the observed disparity in measurable intelligence between sub-Saharan Black Africans and Ashkenazi Jews. This dogma doesn't have any scientific basis that I'm aware of;

      The first step in addressing the question scientifically is determining whether the question even makes sense. You have to *establish that the question is valid* before answering it.

      A hundred years ago scientists didn't know about DNA, couldn't characterize someone's genes. They went with what they could observe: skin color, hair, eye shape etc. And they came up with various compelling three race and five race schemes. But we aren't limited like they were. We can open up someone's genetic black box and c

  • by Anonymous Coward

    Opening bid - tree fiddy.

  • by mamba69 ( 3943681 ) on Wednesday December 10, 2014 @03:53PM (#48566725)

    In Soviet USA medal returns to you

  • by Actually, I do RTFA ( 1058596 ) on Wednesday December 10, 2014 @03:56PM (#48566759)

    Now that Usmanov has set the precedent, he can expect a lot of other Nobel Prize winners coming forth to cash in. And when Feynman's heirs put forth his, Usmanov can buy it and keep it.

  • by account_deleted ( 4530225 ) on Wednesday December 10, 2014 @03:59PM (#48566787)
    Comment removed based on user account deletion
    • by GungaDan ( 195739 ) on Wednesday December 10, 2014 @04:14PM (#48566907) Homepage

      Obama's ludicrous Peace prize was more jarring to your conscience than Henry Kissinger's? Something isn't right here. You're either very young and unaware of the dubious history of this prize, or you have personal issues that cloud your judgment of the inanity of obviously stupid Nobel awards.

      • Not to mention that it was awarded to Arafat but not to Gandhi.

        • Shimon Peres and Arafat should have split an award. They both (ultimately) worked towards peace in a situation where peace was (and remains) a pipe dream.

          Gandhi clearly should have gotten a peace prize.

          This underscores the fact that there is a flaw in the decision process.

      • It's all about managing expectations. Everyone knew Kissinger was a bastard already.

    • It might have had something to do with the fact that he's old, destitute, and it's really cold in Chicago this time of year... Nobel prizes don't keep you warm.

    • It's probably worth noting that, aside from both being set up and funded by Alfred Nobel, there isn't necessarily much connection between a nobel in one field and one in another. Different judges, different selection processes, different external pressures, etc. Not really any reason to think differently of one because you think the laureates for another are badly chosen.

      Also, the history of the nobel peace prize is, unfortunately, littered with 'statesmen', which frequently means that winners have more
    • You really weren't paying attention if Obama was the final nail. The peace prize is irrelevant when working out the worth of the actual ones for science fields.

      And yes, the DNA double helix - what a load of useless crap nothing came of that!

    • Watsons crime, namely that hes an old crumudgeon, isnt the issue for me. I tolerate the acerbic opinions of the elderly in regard to race, sexuality and gender, and try to view them as contextual expressions of a generation that was cheated into believing nonsense.

      That's pretty much the same thing the old curmudgeons say about you, you know?

    • by quenda ( 644621 )

      Personally the Nobel lost its purpose for me after Barack Obama received it.

      The Nobel peace prize has always been different - very political.
      The amazing thing is that you still respected it before Obama's award (AKA the inaugural not-being GW Bush award).
      Past winners include Yasser Arafat (peace in Palestine) and Henry Kissinger (Vietnam war).

      The Stockholm science prizes are not the same.

  • by Roskolnikov ( 68772 ) on Wednesday December 10, 2014 @04:03PM (#48566811)

    He was one of the least hurt by the sanctions regarding the Ukraine, seems like he cares... wonder how taxation on this is going to play out....

  • Profit!! (Score:5, Funny)

    by Rogue974 ( 657982 ) on Wednesday December 10, 2014 @04:08PM (#48566855)

    Have we finally found what the ultimate Step #3 is?!?!?

    Step 1: Win Nobel Prize
    Step 2: Go Broke
    Step 3: Sell Nobel Prize medal
    Step 4: Profit
    Step 5: After medal is returned, wait an acceptable time and return to Step 1!!!

    • If you achieve Step 2 while pulling $350k/year, you may not stay out of penury all that long after Step 4, so hopefully 'an acceptable time' is relatively short.
    • by gl4ss ( 559668 )

      it doesn't really seem like he was broke unless he had a very expensive coke habit or something.

      it was done mainly to redeem himself or make himself relevant again, by getting some money to donate.

  • Can't help but to wonder about the tax consequences of this both to Watson and all Nobel prize winners.

    • by pla ( 258480 )
      Can't help but to wonder about the tax consequences of this both to Watson and all Nobel prize winners.

      The US already treats prestigious awards (Nobels, Olympics, etc) as taxable income.

      Watson hocking his medal doesn't change much. And depending on how much of it he actually donated, he may have no actual taxable liability as a result of the sale.
      • Depending on how it is taxed when being returned (as a gift), vs. when it was originally awarded (as an award), he may actually end up owing MORE taxes.

        For example, if the original award was estimated to be worth $1 million, he will have "donated" $1 million worth of assets, however it is now worth $4.7 million, which means he will have received $4.7 million in "gift income" that he has to pay taxes on.

        This doesn't even take into account the possible difference in tax rates between gifts and awards.

  • Human achievements are not always very well enumerated in a paycheck or in business sales revenue.
    Its good when the folks with piles of cash can pay it out to others who have done great things. The money seems to generate so much attention that it illuminates the recipient's good work. I humbly request piles and piles of cash so I could give it away to some peeps, that full time.

  • not all Russians are bad people?

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