Owl & Ibis - A Confluence Of Minds

“Globalization’s Wrong Turn” Dani Rodrik Foreign Affairs June 11, 2019 Since the first annual award was given in 1969, 49 Nobel Prizes in Economics have been awarded to 81 individuals. (Up to three awards may be given each year. The prizes for 2019 have not yet been announced.) The official name of the prize is the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel. The Nobel Prize for economics is not one of the Nobel Prizes endowed in Alfred Nobel’s will. It was established in 1968 by a donation from Sweden’s central bank, the Sveriges Riksbank, to the Nobel Foundation to commemorate the bank’s 300th anniversary. Therefore, not being one of the prizes in Alfred Nobel’s will of 1895, it is not a Nobel Prize in the sense of those given in the natural sciences. In establishing the Nobel Prize in Economics, the Nobel Committee was not claiming that economics had attained the same level of explanation, prediction and techno-economic applica...