[TomorrowMars]

Economic Sciences deserve to take over the whole Nobel prize. They should get all the prizes. They have proven themselves as the ultimate woodo wizards of "applied" scientists.

If you go to source page, you will see that the full name of the prize is "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel"

Why? There is no Nobel prize for economics.

This was a self-congratulatory add-on instituted by bankers in an attempt to add respectability to the turbulent industry of studying abstract virtual value that is not just affected, but created by the observer. Let me repeat myself. There is no Nobel prize for economics.

The fact that the majority of people here, and worldwide, fail to notice that, is the only proof needed that economics is the ultimate science of them all.

And the sweet little Swedes had to bail out their bankers after the US fiasco. At least the bankers spend some of that taxpayer money to keep the "prize" going.

[FabHK]

Most people are aware that it's a post-hoc Nobel memorial price, and laureates are selected by the Royal Swedish Academy of Sciences (same as physics and chemistry), are announced with the other Nobel Prize laureates, and receive the award at the same ceremony.

So, it's for all practical purposes the Nobel price in economics, and your unsubstantiated post doesn't really add much.

[hudibras]

https://news.ycombinator.com/item?id=12678598

https://news.ycombinator.com/item?id=9915943

https://news.ycombinator.com/item?id=13702830

https://news.ycombinator.com/item?id=8448602

etc...

We get it, the economics prize is not a true Nobel prize. It's tiresome to hear it every time the prize is mentioned.

[noddy1]

Actually, it does need to be repeated, because economists and their opinions and their "evidence" are being given too much credit by politicians and laypeople.

[interfixus]

It's a Nobel Prize in roughly the same way that Economic Science is a science.