this post was submitted on 12 Jun 2024
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chapotraphouse
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reminder that the "NOBel Prize in Economics" isn't even a real Nobel, is looked upon with disdain by the Nobels, was established to legitimize capitalist economics to the masses, and wasn't even presented along with the others for a while. so their highest award isn't even telling the truth about itself. you know how i know they didn't have to do all that if economics was a legitimate science? because their is no mathematics Nobel prize, and instead of inventing one, calling it the same name, and then arguing their way into the ceremony, there's just a different scandinavian prize established for math called the Abel prize. (The Fields Medal varies significantly in its criterion from other culminatory prizes in other fields and is not comparable to the Nobel despite being about equally prestigious.)