RE: [OPE] Great Inventions and Alternative Nobel Prize

Date: Sun Mar 09 2008 - 14:04:03 EDT

> In any case, there was a point I was making about this: that there are > nuances about the Prize in Economics which sometimes we can take advantage > of, even if we don't respect the concept of such a prize.
Hi Paul Z:
Yes, I heard that point. No doubt, there are some winners of the 
Bank of Sweden Prize in Economic Sciences who are more deserving 
than others.  But, do we as heterodox economists and Marxians really 
want to lend credibility to the 'Nobel Prize in Economics'?  To do
so, I think, implicitly recognizes that marginalist economics is a
'science' and that the neo-neoclassicals are the legitimate arbiters
(since they are the ones who control the awarding of the Bank
of Sweden Prize)  to decide who has - and who has not - advanced 
economic theory. So, maybe we can 'take advantage' (gain some
talking points) but what do we lose in so doing?
In solidarity, Jerry

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