More Econ Nobel
Published by Yazad Jal December 31st, 2003 in EconomicsEverybody seems to be getting on the economics Nobel bandwagon. Madsen Pirie at the Adam Smith Institute in London has this in his 2004 Almanack:
The Nobel Prize in Economics is awarded to ‘the world’s consumers’ on the grounds that they do more for economics than any academic. An Ohio housewife is chosen by lottery to receive the prize on their behalf. She announces she is spending it at Wal-Mart.
The Adam Smith Institute runs a spiffy weblog as well.