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I'll add the obligatory Dilbert take: https://verisoeconomica.wordpress.com/2022/10/10/the-2022-no https://verisoeconomica.wordpress.com/2022/10/10/the-2022-no.
by em500 1y ago
I'll add the obligatory Dilbert take: https://verisoeconomica.wordpress.com/2022/10/10/the-2022-no https://verisoeconomica.wordpress.com/2022/10/10/the-2022-no...
Sure, it's paid by the Swedish central bank instead of the Nobel foundation, and it wasn't established by Alfred Nobel himself. Nobody cares. Value of such awards depends entirely on peer recognition, not on who pays or what exact labels they carry. Selection for economics is done by the Royal Swedish Academy of Sciences, like the other science awards.
- notahacker 1y agoYeah, "this isn't even a real prize, it wasn't selected at a time when it wasn't considered a distinct academic field by a benefactor concerned primarily about what his obituary might say" is even more tedious than pointing out that the Turing Award wasn't actually conceived by Alan. Much better arguments about issues with things individual Economic Nobel winners argued for than that...
- AtlasBarfed 1y agoHis descendants states that Nobel wouldn't have wanted a prize in his name. He didn't like economics because it is the science of greed. "Nobody cares" gotcha. Greed never cares.
- astrange 1y agoIt's the science of scarcity. Scarcity is the sort of thing that still exists if you don't believe in it. You could say it still believes in you.
- neilwilson 1y ago" it's paid by the Swedish central bank instead of the Nobel foundation" And those who pay the piper call the tune. Hence the brand of 'economics' that gets the gong.
- andrepd 1y agoWell, the thing is Economics is a very unique discipline. It's not quite a science but also not merely philosophy. Its object of study is affected by the study itself. It's very strange. That's why mutually exclusive economic theories have won the Nobel prize!
- deleted 1y ago[deleted]
- I-M-S 1y agoSo like awarding a Nobel prize for religious studies then?