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>> my comment merely argued that the implementation of the Nobel Prize in Economics is such that the prize is awarded in the exact same way as all the other Nob
by nullstyle 7y ago
>> my comment merely argued that the implementation of the Nobel Prize in Economics is such that the prize is awarded in the exact same way as all the other Nobel Prizes; in other words, it's no less reputable than the originals.
Naw, IMO the reputability of a prize owes to whole lot more than just shared selection principles. I was just linking to some work in which others question the reputation of the prize as well.
- iudqnolq 7y agoCare to provide anything beyond "naw" to support your claim that the same people deciding doesn't means decisions are equally reputable?
- monocasa 7y agoThere isn't one committee; each prize has it's own committee. The economics one is pretty much entirely staffed out of one branch of economics as a propaganda mechanism.
- iudqnolq 7y agoIsn't the economics committee selected by the Nobel foundation?
- monocasa 7y agoPractically they're selected by existing economics committee members.
- iudqnolq 7y agoThat would make me incorrect, if true. Source?
- nullstyle 7y agohttps://www.nobelprize.org/about/the-economic-sciences-prize-committee/ https://www.nobelprize.org/about/the-economic-sciences-prize... https://www.nobelprize.org/prizes/about/the-nobel-committee-for-physics/ https://www.nobelprize.org/prizes/about/the-nobel-committee-... Looks like different people to me.
- monocasa 7y agohttps://web.archive.org/web/20130901225828/https://www.nobelprize.org/nobel_prizes/economic-sciences/prize_awarder/committee.html https://web.archive.org/web/20130901225828/https://www.nobel... > The Committee members are elected for a period of three years from among the members of the Academy. In assessing the qualifications of the candidates, the Committee is assisted by specially appointed expert advisers ie. the committee makes election decisions for themselves, while delegating a bit to advisers that they appoint. In most of the other fields, this is what you want. A physics group shouldn't have to agree with the literature members wrt who is on the physics committee. This breaks down for economics though because the whole prize was originally envisioned as a propaganda campaign for a specific branch of economics, so the process means it stays that way.
- iudqnolq 7y agoThanks! Will have to read those sources.