The prize wasn’t included in Alfred Nobel’s will and the funding for it doesn’t come from Nobel’s estate (it’s funded by the central bank of Sweden). However, the prize is administered by the Nobel Foundation and announced on their website.
The official name of the prize is THE SVERIGES RIKSBANK PRIZE IN ECONOMIC SCIENCES IN MEMORY OF ALFRED NOBEL which makes the distinction a bit more clear.
That is interesting to know but I feel that Nobel Memorial Prize in Economic Sciences is a bit long and the distinction is not really that meaningful.
Either the research is good or it isn’t.
People keep attacking the price simply because it was not sponsored by Nobel himself as if only that direct connection to him transferred some sense of divine truthfulness to the other Nobel prizes that this one lacks.
Quick reminder that the “Nobel prize in economics” is not actually a Nobel Prize.
(I didn’t know this for a very long time, so this may be news to some people reading this.)
The prize wasn’t included in Alfred Nobel’s will and the funding for it doesn’t come from Nobel’s estate (it’s funded by the central bank of Sweden). However, the prize is administered by the Nobel Foundation and announced on their website.
The official name of the prize is THE SVERIGES RIKSBANK PRIZE IN ECONOMIC SCIENCES IN MEMORY OF ALFRED NOBEL which makes the distinction a bit more clear.
That is interesting to know but I feel that Nobel Memorial Prize in Economic Sciences is a bit long and the distinction is not really that meaningful.
Either the research is good or it isn’t.
People keep attacking the price simply because it was not sponsored by Nobel himself as if only that direct connection to him transferred some sense of divine truthfulness to the other Nobel prizes that this one lacks.