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2023 Nobel Prize in economics awarded to Claudia Goldin

nobelprize.org

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Re: 2023 Nobel Prize in economics awarded to Claudia Goldin

#51
post #7

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I do think it's funny that the economics prize is the one that "bought" its way into this prestige. Little to no opinion on what it should be called, personally. The asterisk associated with the name is just what comes to mind first.

I used to do the "it's not a real nobel" take as well when I was young and edgy, and then I realized that Alfred Nobel was just another rich guy buying his way post-mortem prestige*, not even doing so during his life. Even if "most of the applications were civil", with the economic devastation it brought and the undeniable military uses, I'm not sure the "merchant of death" moniker was unearned.

So by now, I think that the Sveriges riksbanks pris might have "better pedigree" and that Alfred Nobel is honored by the dedication, especially given the stellar research that it is often recognizing

Re: 2023 Nobel Prize in economics awarded to Claudia Goldin

#52

Earlier quoted context omitted.

> It’s a pathetic marketing scheme by a fake science. What makes a science "real" and what makes it "fake"?

When you branch of from real sciences, defining a lower of bar of quality, unable to meet the standard of the established field. Also if you branched off of social sciences some time ago and you never bothered to implement reproducibility reforms. That's not to say all papers of such a science are garbage, just most will be, since not only is the bar for acceptance lower, those sciences also attract people who are un…

Feels like everything other than theology is really just junk science, isn't it? After all, that is what universities were largely created for to start with.

Re: 2023 Nobel Prize in economics awarded to Claudia Goldin

#53

Earlier quoted context omitted.

[flagged]

Granted, the merit of some of the awards is questionable, but I think e.g.: Nash's work on game theory or Kahneman/Tvservky's on the pyschology of judgment definitely fall under the umbrella of "science".

Note that neither of your two examples is carried out by people who think of themselves as economists.

Re: 2023 Nobel Prize in economics awarded to Claudia Goldin

#54
post #45

Earlier quoted context omitted.

> It’s a pathetic marketing scheme by a fake science. What makes a science "real" and what makes it "fake"?

Tongue in cheek, although it works better than you’d expect at first blush. Add the word “mad” to the beginning. If it sounds scary it’s a real science, if it sounds silly and makes you laugh it’s not. “Mad chemist” sounds scary, what if they make sarin gas or something? “Mad economist” sounds like someone left in a huff at a federal reserve board meeting.

I'll make sure my physiotherapist knows I don't find the threat of his impending madness at all threatening.

Re: 2023 Nobel Prize in economics awarded to Claudia Goldin

#55
post #48

Earlier quoted context omitted.

A bit too far for me but it is unfair that economics gets one but the other fields neglected by Nobel don't.

It’s a practical example of how economics is unique among sciences in that it’s a marketing discipline as well. Nobel didn’t give us a prize? That’s just a problem to be solved with money and social engineering, like so many aspects of economics.

Nothing unique there. Physics does a lot of marketing, too (including claiming economics as part of physics at times).

Re: 2023 Nobel Prize in economics awarded to Claudia Goldin

#56

Earlier quoted context omitted.

[flagged]

Right, a pseudoscience and here we have someone who won doing exclusively empirical work. Not sure how you match those two but keep at it

There has been substantial amount of empirical work on remote seeing and telepathy, including some that "prove" them to be true.

Re: 2023 Nobel Prize in economics awarded to Claudia Goldin

#57

Earlier quoted context omitted.

When you branch of from real sciences, defining a lower of bar of quality, unable to meet the standard of the established field. Also if you branched off of social sciences some time ago and you never bothered to implement reproducibility reforms. That's not to say all papers of such a science are garbage, just most will be, since not only is the bar for acceptance lower, those sciences also attract people who are un…

Feels like everything other than theology is really just junk science, isn't it? After all, that is what universities were largely created for to start with.

You're ignoring the qualifier in that sentence.

Re: 2023 Nobel Prize in economics awarded to Claudia Goldin

#59

Earlier quoted context omitted.

When you branch of from real sciences, defining a lower of bar of quality, unable to meet the standard of the established field. Also if you branched off of social sciences some time ago and you never bothered to implement reproducibility reforms. That's not to say all papers of such a science are garbage, just most will be, since not only is the bar for acceptance lower, those sciences also attract people who are un…

> When you branch of from real sciences, defining a lower of bar of quality, unable to meet the standard of the established field. But you are starting at "real science" here without defining it and saying the 'branches' are lower than said 'real' science.

The first criteria doesn't apply to economics much, it being a field as old as civilization itself, but the second one absolutely does.

With that first sentence I was mostly taking aim at whatever newly made up junk degrees we have right now.

Re: 2023 Nobel Prize in economics awarded to Claudia Goldin

#60

Earlier quoted context omitted.

> It’s a pathetic marketing scheme by a fake science. What makes a science "real" and what makes it "fake"?

When you branch of from real sciences, defining a lower of bar of quality, unable to meet the standard of the established field. Also if you branched off of social sciences some time ago and you never bothered to implement reproducibility reforms. That's not to say all papers of such a science are garbage, just most will be, since not only is the bar for acceptance lower, those sciences also attract people who are un…

This description is vague and has little substance.
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