It's not a Nobel Prize. It's Nobel MEMORIAL Prize. Not sure the point of the question about the creation of the Prize (?) in a context of the fear of the success of socialism, idea is that the Prize was meant to shore up capitalism by honoring its apologists? (Not all NMP have been capitalist apologists btw, Wassily Leontiff and Joseph Stiglitz for example).Perhaps. 1969 seemed at the time a revolutionary year, capitalism threatened at the time a legitimation crisis. Objectively state socialism didn't look as good by the numbers as it had a decade before.
--- On Wed, 6/3/09, c b <cb31...@gmail.com> wrote: > From: c b <cb31...@gmail.com> > Subject: [Marxism-Thaxis] Paul Cockshott on Leonid Kantorovich and the > socialist calculation debate > To: marxism-thaxis@lists.econ.utah.edu > Date: Wednesday, June 3, 2009, 3:13 PM > 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 > _______________________________________________ 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