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I've heard something similar here on HN before (still didn't read the book myself), and what baffles me: wasn't he awarded the Nobel Prize for that work? Are th
by krick 7y ago
I've heard something similar here on HN before (still didn't read the book myself), and what baffles me: wasn't he awarded the Nobel Prize for that work? Are those just political bullshit nowdays as well, like Oscars?
- eli_gottlieb 7y agoHe was awarded the Nobel before anyone was aware of the replication crisis in his field.
- scottlocklin 7y agoSveriges Riksbank Prize in Economic Sciences (in memoriam of Alfred Nobel); not The Nobel Prize. Economics is mostly a set of shaggy dog stories in service of ideology, rather than a branch of legitimate scientific inquiry. I mean Paul Krugman won the same prize; he appears to be have a Brier score of 1 on his predictions.
- valvar 7y agoThe nobel family has, understandably, been trying to stop the "Nobel" price in economics for quite a while.
- krick 7y agoEtymology and history aside, important quote from Wikipedia is: > it is administered and referred to along with the Nobel Prizes by the Nobel Foundation So, for all intents and purposes it kinda is "the Nobel Prize in Economics". If they don't give a fuck about legitimacy of it, I don't see why they would care for the rest of "Nobel Prizes".
- scottlocklin 7y agoNo, it really isn't "the Nobel Prize in Economics" which is why it has a different name, and the Nobel family want to get rid of it. It should be emphasized that it is a nonsense Nobel and economics a nonsense subject every time it is brought up.