Daily Archives: September 8, 2010

Gideon Rachman

I have been absolutely deluged with letters, comments and e-mails, provoked by my column on economists and historians. One of the most interesting notes I got was from a French economic journalist, Christian Chavagneux, who makes the following point: ” One way to advance your ideas would be to call for the end of the so called “Nobel Prize” in Economics. You know that Alfred Nobel never intended to reward economists as great scientists and that the Prize is given by the Bank of Sweden. Thanks to a cuckoo in the nest strategy it obtained to award it at the same time as the real Nobel Prizes to make believe that economists were as much scientists as physicians and mathematicians and as useful as doctors ! In our magazine we now write about Paul Krugman or J. Stiglitz as The Bank of Sweden prize economists.” Read more