I have always thought that ‘economics’ is a bogus pseudoscience. It makes no useful predictions. This particular award seems to be for essentially stating the obvious in retrospect.
They should probably just retire the category?
I have always thought that ‘economics’ is a bogus pseudoscience. It makes no useful predictions. This particular award seems to be for essentially stating the obvious in retrospect.
They should probably just retire the category?
Well, I wasn’t familiar with any of the winners or their work.
It’s not even an actual Nobel Prize. Basically, some economists got jealous, and started their own prize, with blackjack and hookers.