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The "Nobel prize in economics" isn't a real Nobel prize. It wasn't funded by Nobel, and it isn't issued by the same committee.
by smaddox 4y ago
The "Nobel prize in economics" isn't a real Nobel prize. It wasn't funded by Nobel, and it isn't issued by the same committee.
- mananaysiempre 4y agoAt the same time, as an “economics topics worth reading about” detector it works pretty well as far as I can see. (Some of them will turn out to be rubbish a couple of decades later, but that’s experimental science for you.)
- throw0101a 4y ago> The "Nobel prize in economics" isn't a real Nobel prize. The Nobel Prize people seem to think it is: * https://www.nobelprize.org/prizes/economic-sciences/ https://www.nobelprize.org/prizes/economic-sciences/ > It wasn't funded by Nobel, and it isn't issued by the same committee. It is awarded by the Royal Swedish Academy of Sciences: > Every year, the academy awards the Nobel Prizes in physics and chemistry, the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, the Crafoord Prize, the Sjöberg Prize and several other awards. The Academy maintains close relations with foreign academies, learned societies and international scientific organizations and also promotes international scientific cooperation. The Academy of Sciences is located within the Stockholm region's Royal National City Park. * https://en.wikipedia.org/wiki/Royal_Swedish_Academy_of_Sciences https://en.wikipedia.org/wiki/Royal_Swedish_Academy_of_Scien... * https://www.nobelprize.org/about/the-economic-sciences-prize-committee/ https://www.nobelprize.org/about/the-economic-sciences-prize... The same folks who do physics and chemistry.
- smaddox 4y agoKeep reading. > Each September the Academy's Economics Prize Committee, which consists of five elected members [...] > Some critics argue that the prestige of the Prize in Economics derives in part from its association with the Nobel Prizes, an association that has often been a source of controversy. Among them is the Swedish human rights lawyer Peter Nobel, a great-grandnephew of Ludvig Nobel. [...] saying that "There is nothing to indicate that he would have wanted such a prize", and that the association with the Nobel prizes is "a PR coup by economists to improve their reputation". https://en.m.wikipedia.org/wiki/Nobel_Memorial_Prize_in_Economic_Sciences https://en.m.wikipedia.org/wiki/Nobel_Memorial_Prize_in_Econ...