econ nobel

Wed Oct 11 19:55:44 PDT 2000

In a message dated 10/11/00 7:01:31 PM Eastern Daylight Time, sokol at writes:

<< the Nobel prize is awarded not for solving some pernicious technical

problems, but because the solutions re-affirm conventional values or save

politically correct theories from empirical refutation.

To be sure, this problem is not limited to the Nobel prize in economics,

but to Nobel prize in general. >>

Sure. Einstein got his Nobel not for special or general relativity, revolutionary theories, but for the Brownian motion paper, high-order "normal" science that proved empirically what everyone had knwon for thousands of years, that there are atoms. --jks

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