There’s no such thing as a Nobel Prize winning economist. Economists got upset that there wasn’t a Nobel Prize for them, so came up with The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, and then pretend it’s the same thing.
If you read some of the prize winning papers some of them are also hilarious, like how economists discovered that slavery is bad fairly recently.
The economy is not a natural phenomenon, it was designed… Economists explaining “how things work” is like someone explaining how baseball works… That’s great, but it’s time to change to an entirely different game, so you telling me how baseball works is worthless
Yes and no. While not a natural science, the study of humans making choices in a resource limited envrionment is a study that does work in examining how policy decisions affect human outcomes. The analysis should hopefully enable making better policy. Ideally we’d be less intellectually lazy than saying, “broken thing better than other broken thing”, but here we are.
Maybe it is more akin to health analysts interpeting how the rules of the game affect injuries, and then, hopefully, offer ways to reduce TBIs. The better outcome would be to not play a game that leads to concussions, but… fuck (waves hand generally)
Ronnie Ray-gun used to say “If you’re explaining, you’re losing”. A depressing number of people seem to agree with that idea.
There’s a reason brain rot is so popular there
There’s nothing to rot if there is no brain tho
