[huitzitziltzin]

I stand by my statement.

I’d love an estimate from you (or anyone) about the marginal effect on the profession’s “legitimacy” (which is what? and how’s it measured?) from having the prize include Nobel’s name vs. not including it.

Really we don’t care.

[nibles_and_bits]

Really we don’t care.

My point was speak for yourself, the history does not suggest you are correct. Evidence economists do care[1][2][3]. Economics was still a relatively newer niche discipline[4].

[1] https://developingeconomics.org/2024/10/22/the-nobel-illusio...

[2] https://ideas.repec.org/b/pup/pbooks/10841.html

[3] https://www.theatlantic.com/ideas/archive/2024/10/nobel-priz...

[4] https://cooperative-individualism.org/parrish-john_rise-of-e...

[HSO]

I’d love an estimate from you (or anyone) about the marginal effect on the profession’s “care” (which is what? and how’s it measured?) from having the prize include Nobel’s name vs. not including it.

Since you stand by your statement so strongly, you should have it already, correct?

[littlestymaar]

You care so little you spent time to claim you don't care twice in a row.

> I’d love an estimate from you (or anyone) about the marginal effect on the profession’s “legitimacy” (which is what? and how’s it measured?) from having the prize include Nobel’s name vs. not including it.

I don't have an estimate for that, but we have an estimate on how much money the Sverige Riskbank bankers were ready to spend in that effort. Maybe it didn't pan out but some people definitely had a multimillion dollar interest in making that happen. As an economist you must wonder what their incentives could have been …

[hn_throwaway_99]

> You care so little you spent time to claim you don't care twice in a row.

I've seen this style of argument before and I think it's a non sequitur and total BS. The fact that he may care about feeling his opinion is being misrepresented is totally different from what his original "we don't care" statement referred to.

[baxtr]

Are you sure though? I don’t have an opinion on this specific case, but I have been in situations where someone claims to have no interest at all in a topic and then doesn’t stop talking about it.

[331c8c71]

Imo the economics profession very much suffers from inferiority complex known as "physics envy".

[JumpCrisscross]

> economics profession very much suffers from inferiority complex known as "physics envy"

You’re mixing up quantitative finance and economics.

[331c8c71]

Excuse me? Quant finance doesn't claim to be devising grand theories about how the world operates (is more akin to engineering). And when it does, any delineation from economics is moot.

[JumpCrisscross]

> Quant finance doesn't claim to be devising grand theories about how the world operates

What do you base this on?