Sunday, October 09, 2016

"Is the Nobel Prize in Economics More Similar to the One for Physics or the One for Literature?"

"While nearly all of the Nobel Prize categories were established in the will of the Swedish scientist Alfred Nobel, the award for economics, which this year will be announced on Monday, October 10, was not created until decades after his death. In the late 1960s, Sweden's central bank was actively pushing for the country to pursue a more market-friendly approach, and the prize, which was established in 1968 to commemorate the bank’s 300th anniversary, became a tool with which to support this campaign."

Jeremy Venook at The Atlantic talks with Avner Offer and Gabriel Söderberg about Offer and Gabriel Söderberg's new book, The Nobel Factor: The Prize in Economics, Social Democracy, and the Market Turn.

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