| > Economics is a science. Alright, I can use your semantics. Espeically because calling economics science is what we all do. But it still doesn't change the very valid point that Nobel Prize image may loose because of Economics Nobel Price. The same way it wouldn't be good for them to have Nobel Prize in Psychology. Or Political Science. Top experts in these - forgive me the quotes - "sciences" can't agree on even most basic and fundamental concepts in their "sciences". You'll have keynsians who say you need to print in the crisis. And you'll have austrains claiming that's actually the worst thing you can do. One group calling other pseudo-science and the latter calling former marxist definitely doesn't help its image. Propagating this image to the Nobel Prize isn't not good for Novbel Prize. The claim is 100% valid in my book. I'm not surprised they don't want to have it. It hurts their business. Going back to Krugman in one of his "brilliant" pieces he suggests World War 3 is needed to end the crisis. Of course with austrains claiming that this is even worse and will make the crisis worse. For a person on a street this looks like a band of clowns arguing. It's not like Nobel Prize winners in Physics have arguments about value of number pi or there are some who think that Earth rotates the Sun and some other who believe (yep, science - believe, lol) the opposite is true. You see, all I'm saying is, that it is 100% understandable for some of the Nobel family to be disgusted with it and not wanting their Nobel Prize to suffer from that. What's so difficult about understanding that? Expanding on that thought: just imagine we have year 1490 and we don't know any better. Let's say a Nobel Prize in Physics exists. Let's say that for whatever reason a scientist who believes that Sun goes around the Earth gets it. While guys who say that Earth goes around Sun are ridiculed and laughed at. Maybe Nobel Family members not being experts in economics just - rightly - are afraid that we'll get better, much better in Economics in the future and then the Nobel Prize image will suffer. Because they are giving it out currently to some clowns, not even knowing about it. That's their perspective and I think I agree with it. Wouldn't you? |