On the road for Nobel day

Apologies readers, but I’ll be speaking at OECD in Paris exactly when the Nobel Prize for economics is announced.  I do believe Alex plans coverage, but for catching this topic I will have to wait until next year…

In the meantime, if Alex’s post isn’t up yet, you can offer your opinion on the pick in the comments section here.

Comments

I wonder what kind of head trauma is required to say "it's not a real Nobel!" as though insightful or novel information is being communicated. Like a child who just figured out Santa Claus isn't real, except we're dealing with (nominal) adults.

Considering it is a completely different organization and a completely different prize, it is certainly worth a mention. The people with real brain damage are those who say its a real Nobel Prize hoping the masses will confuse economics with the real sciences like physics or chemistry.

"Considering it is a completely different organization and a completely different prize, it is certainly worth a mention."

Everyone knows, which means it is not worth mentioning. Again, you may as well going around telling people Santa Claus isn't real. The fact that you think it is worth mentioning says more about you than anything else, and it isn't good.

"those who say its a real Nobel Prize hoping the masses will confuse economics with the real sciences like physics or chemistry."

You mean a group that consists of literally zero people?

'Everyone knows, which means it is not worth mentioning.'

Yet strangely, of the first 4 comments, only yours survived,

'You mean a group that consists of literally zero people?'

Well, whoever was pressing the delete key seem to actually disagree with you, as referring to the prize by its actual name is apparently beyond the pale.

Indeed, this is the second time that a comment I've made on MR has been disappeared. The other was when I politely pointed out that a link about the current Russian economy was not very informative, and suggested instead a link to bne Intellinews, which specializes in news for investors in Eastern Europe.

The charitable interpretation is that in both cases there was some kind of software or user mistake.

"You mean a group that consists of literally zero people?"

I got confused. They have the same name. I know I'm not the only one.

Careful - comments like this are the sort of thing that tend to get deleted. Almost as if someone does not actually care when shoowing that such intentional confusion is actually a goal.

Interesting to see that comments regarding a Nobel(ish) prize are such a touchy subject.

Was it remarking on how much effort economists have spent attempting to convince everyone that their Nobel(ish) prize is an actual Nobel prize?

Or was it suggesting that such efforts highlight how much economists wish to convince everyone that their profession is as respectable as literature or physics, while simultaneously showing that economists are not particularly concerned about accuracy?

(One has to credit the Guardian for 'Nobel(ish),' which actually manages to make the basic point quite well.)

And the winners of the Nobel(ish) prize in economics are - Abhijit Banerjee, Esther Duflo and Michael Kremer.

Congratulations - spend your Sveriges Riksbank provided prize with all the wisdom that the selection committee spent on choosing you.

What happened to all the comments? Did the Brazilian fellow go overboard with derangement syndrome?

Nah - it seems that accurately pointing out that economics only rates a Nobel(ish) prize touches a certain nerve here.

Tyler, Alex, whoever deleted Thiago’s crap, please keep doing that.

I'm cheering for you guys in the next year.

But does economics need a Nobel? https://priorprobability.com/2019/10/14/does-economics-need-a-nobel-prize/

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