Kizer is said to have repeated the Hail Mary again in the fourth quarter before the team scored yet another touchdown, winning the game. Notre Dame was trailing 3-0 against Georgia Tech when Fighting Irish guard Noble Kizer said to his teammates in the huddle, "Boys, let's have a Hail Mary," and immediately afterward scored a touchdown in the second quarter. "You used to have a wing and a prayer, and now the Hail Mary is used for politics, for business, and for football."īefore Staubach popularized the term to mean an incredible comeback touchdown pass, the term's first usage in football is thought to date back to Oct. "It slowly became the term for anybody that was kind of in trouble, and you had a hope," Staubach said, according to the St. Staubach's pass, though, would become one of the defining moments of that season and his NFL career, with the phrase Hail Mary spreading even beyond sports. The Cowboys went on to defeat the Los Angeles Rams in the NFC Championship game but would lose 21-17 to the Pittsburgh Steelers in Super Bowl X. I said, 'I got knocked down on the play.I closed my eyes and said a Hail Mary.'" "I was kidding around with the writers," Staubach said. Staubach reminisced to the Dallas Morning News in 2010 about how his pass got its name. He received his PhD in economics from Princeton University and has written about financial history and economics, including eight books, most recently, The Story of Silver: How the White Metal Shaped America and the Modern World, named a 2019 Best Book of the Year: History by the Financial Times.The term "Hail Mary" was used by Staubach when the quarterback spoke with sportswriters following the game. Silber is the former Marcus Nadler Professor of Economics and Finance at the Stern School of Business, New York University, and is currently Senior Advisor at Cornerstone Research. Collectively they illustrate that downside protection fosters risky undertakings, that it changes the world in ways we least expect. Silber shares these illuminating insights on these figures and more, from Woodrow Wilson to Donald Trump, asylum seekers to terrorists and rogue traders. He said, “The outcome of the battle would spell either life or death for the German nation.” Hitler failed to change the war’s outcome, but his desperate gamble inflicted great collateral damage, including the worst wartime atrocity on American troops in Europe. Towards the end of World War II, Adolph Hitler ordered a desperate counterattack, the Battle of the Bulge, to stem the Allied advance into Germany. The risky exploits of George Washington and Rosa Parks made the world a better place, but demagogues have inflicted great damage with Hail Marys. I just made up my mind that as long as we accepted that kind of treatment it would continue, so I had nothing to lose.” It was a life-threatening decision for her, but she said, “I was not frightened. Washington said days before his risky decision, “If this fails I think the game will be pretty well up.” Rosa Parks remained seated in the white section of an Alabama bus, defying local segregation laws, an act that sparked the modern civil rights movement in America. The famous scene of Washington crossing the Delaware on Christmas night to attack the enemy may not look like a Hail Mary, but it was. Silber describes in colorful detail how the American Revolution turned on such a gamble. In The Power of Nothing to Lose, award-winning economist William Silber explores the phenomenon in politics, war, and business, where situations with a big upside and limited downside trigger gambling behavior like with a Hail Mary. Rodgers may not realize it, but he has much in common with figures such as George Washington, Rosa Parks, Woodrow Wilson, and Adolph Hitler, all of whom changed the modern world with their risk-loving decisions. A quarterback like Green Bay’s Aaron Rodgers gambles with a Hail Mary pass at the end of a football game when he has nothing to lose-the risky throw might turn defeat into victory, or end in a meaningless interception.
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