[tuberelay]

There are big questions about the amount of gravitas that mainstream economists are afforded by people in power.

Misnaming the econ prize as a "Nobel" prize and placing it's winners on the level of great physicists, chemists etc risks in exacerbating this problem.

Much of the research done by econ memorial prize winners is walked back or proven false later. It isn't hard science. Much of it is politically driven and advice and practitioners are used by politicians to justify certain actions, many of them dysfunctional or corrupt.

[gojomo]

What Nobel-in-Economics work has been retracted?

A Nobel-in-Chemistry went to an enthusiastic creator of chlorine gas chemical weapons (Haber). A Nobel-in-Medicine went to the inventor of the lobotomy (Moniz). Another Nobel-in-Medicine was awarded for false research about roundworms-causing-cancer (Fibiger). A Nobel-in-Peace went to the architect of secret carpet bombing that likely killed over 100,000 civilians in a non-combatant country (Kissinger).

The Econ prize's shorter, more modern history has a better record!

[nabla9]

In quality metrics Econ Nobel is way ahead of literature and peace Nobel's.

> Much of the research done by econ memorial prize winners is walked back or proven false later. It isn't hard science.

This is not just true. Econ price almost always well earned, like now. Maybe there is some, but I can't think anyone who don't deserve it.