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Don’t let the Nobel prize fool you. Economics is not a science..

One of my Profs always says Blame the Swedes for all the mess in economics. First, having created the prize for economics from thin air and then each year giving it to scholars from select...

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What would have happened if Mises was the Nobel Prize winner?

Perhaps we would have lesser case of economic planning says Karl-Friedrich Israel in this article. Though if the list of awardees remained same post Mises getting it in 1969, likes of Mises would have...

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How Prize in Economics in memory of Nobel came out of a vanity project...

Didn’t know this really. Avner Offer and Gabriel Söderberg have written this new book: The Nobel Factor: The Prize in Economics, Social Democracy and the Market Turn. Prof Avner Offer in this post...

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70 years of John Bate Clarke Medals: How do you define excellence in economics?

Beatrice Cherrier and Andrej Svorenčík research on 70 years of Clark Medal. They analyse the forces behind the medal and the several arguments over what is meant by excellence in economics: As with...

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I will spend it irrationally!

Talk about wit and Richard Thaler definitely has it. He as is widely known by now is the recipient of the The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2017. He was asked...

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Reading Hayek on the Economics Prize day…

Just in one and a half hours, we are going to learn of the recipient of ‘The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel’ for the year 2018. I had read Hayek’s Prize lecture...

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The economics prize 2018 to William Nordhaus and Paul Romer

Interesting choices. William Nordhaus for integrating climate change into long run economic analysis Paul Romer for integrating technological innovations into long run macroeconomic analysis Both were...

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Reblogging and reminiscing: Before Thaler there was Pai

I cannot help but reblog this article I wrote reflecting on last year’s Economics Prize. The recipient was Richard Thaler for his amazing and inspirational work on behavioral economics.  His Nobel...

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Why Nordhaus and Romer deserve the Economics Prize for 2018?

My 2 paise on the economics prize for 2018.

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Reflections from a Nobel winner: Scientists need time to make discoveries

Nice piece from Prof Donna Strickland  of University of Waterloo who received the Physics Nobel for 2018: In many cases, the practical applications lag several years or even decades behind the original...

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Why did Milton Friedman win the Nobel Prize?

The  Committee awarded Milton Friedman the prize for his work on: “fields of consumption analysis, monetary history and theory and for his demonstration of the complexity of stabilization policy.”...

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Not the Nobel Prize: Finding fresh economics ideas for the 21st century

Promoting Economic Pluralism is an organisation aiming promote pluralism in economics. It has instituted a new award – Not the Nobel Prize– which will be awarded on 3 October 2019, ahead of Nobel...

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Economics Nobel 2019 – Hail the trio, but the real party can wait!

My piece in moneycontrol reviewing the 2019 economics nobel.

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Nobel Economics Podcast series: Dialogue with Nobel Economics Awardees

Podcast is becoming the new cool thing. Nobel Committee has started a new podcasts series,  The first speaker is who else but Richard Thaler! This week Nobel Prize Conversations launches – a new...

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The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel...

The announcement just came in: The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2020 was awarded jointly to Paul R. Milgrom and Robert B. Wilson “for improvements to auction...

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Economic Sciences Nobel: Auctions, they’re all around us

My new piece in MC on the 2020 Riksbank Prize in Economics.

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Fischer Black Prize 2021 awarded to Matteo Maggiori

Fischer Black Prize is awarded to promising young financial economists under age 40. It is the finance equivalent of John Bates Clark Medal given to economists under 40. Fischer Black Prize for 2021 is...

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Nobel prize in economics 2022: predictions

Clarivate Citations has put up its predictions of nobel prize in economics for 2022 Interesting choices this time around from economics of institutons to happiness to reciprocity/fairness. For...

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Econonomics nobel 2022 to Ben S. Bernanke, Douglas W. Diamond and Philip H....

Interesting choices which will lead to lots of debates. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2022 was awarded to Ben S. Bernanke, Douglas W. Diamond, Philip H....

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Nobel prize in economics for 2022 explainer: Why Ben Bernanke’s economics...

I explain the Nobel prize in economics for 2022  in moneycontrol.

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