Peter Lax wins Abel Prize
otisaardvark writes "The prestigious Abel Prize, awarded annually for lifetime contributions to mathematics, has been awarded to Peter Lax [pdf]. Professor Lax, born in Hungary and currently at New York University, has made profound contributions to the theory of partial differential equations, most famously his reformulation of a large class of important PDES (so-called "integrable systems") in terms of Lax pairs of coupled, simplified equations. Read a summary of his achievements here [pdf]."
So is this the direction math is going now, to obscure concepts few people have practical application for. This is why over the last couple of years there has been a decline in people majoring in math because it is boring. And on top of it there is no real incentive at best they can get some prize few people(in the general populace) have ever heard of.