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Pet peeve: there is no Nobel prize of economics, Alfred Nobel didn't include "economy" in his will. Instead there is a "Nobel Memorial Prize in Economic Science
by thrance 2y ago
Pet peeve: there is no Nobel prize of economics, Alfred Nobel didn't include "economy" in his will. Instead there is a "Nobel Memorial Prize in Economic Sciences" whose purpose is to give credibility to the unscientific field of economics. The prize itself is mostly awarded to neoliberalists economists and does not often represent the majority views in the field.
- ctrlp 2y agoYATP: Yet Another Tool of Patronage.
- tovej 2y agoThe price is awarded exclusively to neoclassical economists, because it's effectively a marketing tool for neoclassical economics, which is the economic theory base of neoliberal shareholder capitalism.
- JackYoustra 2y agoYou can look at the economic experts panel to find the majority view of the field: https://www.kentclarkcenter.org/us-economic-experts-panel/ https://www.kentclarkcenter.org/us-economic-experts-panel/ and most nobel prize winners have majority support. If you have objections to acemoglu, please show me the majority of economists that object to him?
- JumpCrisscross 2y ago> there is no Nobel prize of economics It's commonly called the Nobel prize of economics. That it's not a classic Nobel prize is mostly finance jargon. > prize itself is mostly awarded to neoliberalists economists Source? The period in which neoliberal economics won the prize was when neoliberal economics was in vogue (and most successful and producing useful theories).