fbpx Overreliance on the Pseudo-Science of Economics | Harvard Kennedy School


Overreliance on the Pseudo-Science of Economics. Orlando Patterson, February 9, 2015, Opinion. "Every year a Nobel Prize in Economics is awarded when in fact there is no 'Nobel Prize in Economics.' There is only a 'Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel.' That prize, which was invented by the Swedish central bank nearly 75 years after Alfred Nobel’s death, is an annoyance to the recipients of the five actual Nobel Prizes, those scholars from excluded scientific disciplines such as astronomy, and a living descendant of the donor, Peter Nobel, who has denounced it as a 'PR coup by economists...” Link