The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2025
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Re: The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2025
#2"Unlike the Nobel Prizes for Medicine, Chemistry, Physics, Literature and Peace, which were created by Nobel in his 1896 will and first awarded in 1901, the Economics Prize was conceived by Sweden's central bank in 1968 to mark its tricentenary and first awarded a year later."
https://web.archive.org/web/20071014012248/http://www.theloc...
Re: The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2025
#3"Unlike the Nobel Prizes for Medicine, Chemistry, Physics, Literature and Peace, which were created by Nobel in his 1896 will and first awarded in 1901, the Economics Prize was conceived by Sweden's central bank in 1968 to mark its tricentenary and first awarded a year later." https://web.archive.org/web/20071014012248/http://www.theloc...
HN discussions are predictable:
Re: The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2025
#4[flagged]
Re: The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2025
#5"Unlike the Nobel Prizes for Medicine, Chemistry, Physics, Literature and Peace, which were created by Nobel in his 1896 will and first awarded in 1901, the Economics Prize was conceived by Sweden's central bank in 1968 to mark its tricentenary and first awarded a year later." https://web.archive.org/web/20071014012248/http://www.theloc...
HN discussions are predictable: https://news.ycombinator.com/item?id=45566804
Oh, there's much more, even: https://hn.algolia.com/?dateRange=all&page=0&prefix=true&que...
Re: The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2025
#6More detail on accomplishments in press release: https://www.nobelprize.org/prizes/economic-sciences/2025/pre...
Press conference: https://www.youtube.com/live/EajZObplJ8U
https://www.reuters.com/world/mokyr-aghion-howitt-win-2025-n... - includes quotes from press conference, including commentary from laureates on present geopolitical climate
Re: The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2025
#7"Unlike the Nobel Prizes for Medicine, Chemistry, Physics, Literature and Peace, which were created by Nobel in his 1896 will and first awarded in 1901, the Economics Prize was conceived by Sweden's central bank in 1968 to mark its tricentenary and first awarded a year later." https://web.archive.org/web/20071014012248/http://www.theloc...
HN discussions are predictable: https://news.ycombinator.com/item?id=45566804
Sure, but if they keep awarding this non Nobel prize with a deliberately confusing name people will keep bringing it up.
The other solution would he some equivilent of a community note for it every year, it seems like things work as is though.
Re: The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2025
#8"Unlike the Nobel Prizes for Medicine, Chemistry, Physics, Literature and Peace, which were created by Nobel in his 1896 will and first awarded in 1901, the Economics Prize was conceived by Sweden's central bank in 1968 to mark its tricentenary and first awarded a year later." https://web.archive.org/web/20071014012248/http://www.theloc...
HN discussions are predictable: https://news.ycombinator.com/item?id=45566804
I mentally place economic sciences sort of halvway between e.g. physics and social sciences on some imagined scientific rigidity scale.
They seem rigid enough to be useful, but I hope they can be done better. Perhaps using better simulation tools.
Re: The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2025
#9"Unlike the Nobel Prizes for Medicine, Chemistry, Physics, Literature and Peace, which were created by Nobel in his 1896 will and first awarded in 1901, the Economics Prize was conceived by Sweden's central bank in 1968 to mark its tricentenary and first awarded a year later." https://web.archive.org/web/20071014012248/http://www.theloc...
HN discussions are predictable: https://news.ycombinator.com/item?id=45566804
The issue with this prize isn't that economics is not a real science. Nobel prizes are primarily vulgarization and communication tools, and as such are inhenrently political. The Sveriges Riksbank is piggy-backing off the popularity of Nobel Prizes to advocate for a certain vision (their vision) of economic orthodoxy. It is overwhelmingly awarded to white western men, who, more relevantly, all share an anglocentric neoliberalist vision of economics. This, I hope, we are allowed to take issue with.
EDIT: apparently not. I would rather you explain to me why than downvote mindlessly.
Re: The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2025
#10That's a tiny article, but it does contain an interesting passage: "for having identified the prerequisites for sustained growth through technological progress" which is the core of the reason the prize was awarded. I find it interesting to see technological progress so tightly coupled to sustained growth and I wonder if the implication is that growth will stop when technological progress stagnates. Is there any proof to that effect?