Monday, October 12, 2009

There is still no “Nobel Prize in economics"

I promised I would be back with this one: There is no “Nobel Prize in economics”. I feel the need to repeat this since even the Financial Times, arguably the most authoritative financial newspaper in the world, makes this mistake. The prize they are referring to, the one handed out today to two “scientists” none of us has ever heard of before, is the “Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel”.

Why is this so imporant for me to keep pointing out? Because Alfred Nobel left a will, and wills should be honored. They should not be tainted by wannabe fields of study that Mr Nobel himself had no intention of leaving money nor lending honor to.

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