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Except Sveriges Riksbank is the central bank of Sweden. It doesn't care much about name recognition, and given the name and design of the prize clearly desired
by wahern 8y ago
Except Sveriges Riksbank is the central bank of Sweden. It doesn't care much about name recognition, and given the name and design of the prize clearly desired a strong association of its prize with the Nobels.
If there's any slight it's to Alfred Nobel, who didn't create a prize for economics.[1] Apparently Nobel's great-great-nephew was upset by the conflation. "In 2001 [he] asked the Bank of Sweden to differentiate its award to economists given 'in Alfred Nobel's memory' from the five other awards". See https://en.wikipedia.org/wiki/Alfred_Nobel#cite_note-31 https://en.wikipedia.org/wiki/Alfred_Nobel#cite_note-31
[1] Is there any evidence that this was deliberate? If not then I fail to see what's substantively lost in the conflation.
- nonbel 8y agoThe implication is that the prize is an attempt by bankers to give their self-interested policies an air of legitimacy via association with the nobel prize.
- lederhosen 8y agoThe "evidence" is that it was not in his will. Where do you think we should draw the line on what could be called a Nobel price? It is not like Alfred Nobel did not understand economics, he just (highly probably) did not want such a price (or he would have created it). If someone created a price for pedophile arts, brain studies of humans of lesser value, or other questionable "sciences" in the memory of Alfred Nobel, do you think we should call it a Nobel price? Do we have evidence that Nobel would disagree with such a price? I would say we have no evidence, but it is highly unlikely that Alfred Nobel would like that. I think the question that should be asked is: do we have any evidence (or even any sign at all) that Alfred Nobel wanted a Nobel price in economics???