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Note: This article lazily does not make the distinction, but the "economics nobel prize" is not a real Nobel prize. It was added years later, sponsored by a ba
by cyborgx7 7y ago
Note: This article lazily does not make the distinction, but the "economics nobel prize" is not a real Nobel prize.
It was added years later, sponsored by a bank, and is officially called "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel". It exists purely to legitimize a neoliberal financial ideology and has nothing to do with scientific rigor.
- cik 7y agoOutside of the financial press this doesn't get nearly the amount of attention it deserves. Part of the (harsh) reality in the dislike of economics recently has been that the Behavioural Economics folks (yay Ariely!) have made it a point to start introducing experiment-based rigour and protocols. That part I find fascinating at least.