Nobel Factor
How the creation of the Nobel Prize in Economics changed the economics profession, Sweden, and the worldOur confidence in markets comes from economics, and our confidence in economics is underpinned by the Nobel Prize in Economics, which was first awarded in 1969. The Nobel Facto… Celý popis ↓
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Nobel Factor
How the creation of the Nobel Prize in Economics changed the economics profession, Sweden, and the worldOur confidence in markets comes from economics, and our confidence in economics is underpinned by the Nobel Prize in Economics, which was first awarded in 1969. The Nobel Factor is the first book to describe the origins and power of the most important prize in economics. Was it a coincidence that the prize and the rise of free-market liberalism began at the same time?
The aim was to use the halo of the Nobel brand to influence the future of Sweden and the rest of the developed world by enhancing the bank's authority and the prestige of market-friendly economics. It tells how the prize, created by the Swedish central bank, emerged from a conflict between central bank orthodoxy and Sweden's social democracy. And the strategy has worked spectacularly--with
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