I've heard something similar here on HN before (still didn't read the book myself), and what baffles me: wasn't he awarded the Nobel Prize for that work? Are those just political bullshit nowdays as well, like Oscars?
Sveriges Riksbank Prize in Economic Sciences (in memoriam of Alfred Nobel); not The Nobel Prize. Economics is mostly a set of shaggy dog stories in service of ideology, rather than a branch of legitimate scientific inquiry. I mean Paul Krugman won the same prize; he appears to be have a Brier score of 1 on his predictions.
Etymology and history aside, important quote from Wikipedia is:
> it is administered and referred to along with the Nobel Prizes by the Nobel Foundation
So, for all intents and purposes it kinda is "the Nobel Prize in Economics". If they don't give a fuck about legitimacy of it, I don't see why they would care for the rest of "Nobel Prizes".
No, it really isn't "the Nobel Prize in Economics" which is why it has a different name, and the Nobel family want to get rid of it. It should be emphasized that it is a nonsense Nobel and economics a nonsense subject every time it is brought up.