CeJ jannuzi --------------------------------------------------------------------------------
> The Nobel Prize in Economics is arguably > not a "real" Nobel Prize since Alfred Nobel > made no provision for such a prize in his > will. It was instead established by the > Bank of Sweden in the late 1960s as a Prize > in Economic Sciences in Memory of Alfred Nobel. Yeah most people don't recall that it was first awarded in 1969! > And they arguably did this for ideological > reasons since conventional mainstream > economics was coming under fire in the > wake of the upheavals of the 1960s. Do you think it was still yet another time when the liberal-conservative spectrum was afraid of the success of some form of socialism (while both liberals and conservatives have long cherry-picked the weirdo Austrians and other various heterodoxists and libertarians) ? ^^^^^^^^ CB: Think about it. To admit that macroeconomics can be understood scientifically is to admit that there can be macroeconomic planning, ie. centralized planning, that Hayek is wrong. So, the bourgeoisie are always going to be leery of a prize for the science of economics. This contradiction also must doom the project of every school of bourgeois, i.e. "free market", economics to "fail" or else it undermines free market ideology. _______________________________________________ Marxism-Thaxis mailing list Marxism-Thaxis@lists.econ.utah.edu To change your options or unsubscribe go to: http://lists.econ.utah.edu/mailman/listinfo/marxism-thaxis
