World Affairs: The Journal of International Issues, Vol. 15 No. 1 Winter Hazel Henderson © 2010 The yawning gap between the real world and the discipline and profession of economics has never been wider. The ever-increasing abstractions in finance and its models based on “efficient markets” and “rational actors”: capital …
The Nobel family dissociates itself from the economics prize
From Jorge Buzaglo On October 11th Peter Nobel, a lawyer and descendent of Alfred Nobel, issued a statement dissociating the Nobel family from the so called Nobel prize in economics. Below is my translation of Nobel’s statement. The Economics Prize in memory of Alfred Nobel should be criticised on two …