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this post was submitted on 22 Apr 2026
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https://www.nytimes.com/roomfordebate/2015/02/09/are-economists-overrated/overreliance-on-the-pseudo-science-of-economics
Oh, I see I'm not the only one who views it that way. It's always nice to see some people who have professional credibility expressing a similar opinion.
Also, I didn't know the "Noble Prize in Economics" wasn't really a Nobel Prize at all (it's not awarded by the Nobel Foundation! They basically just appropriated the name...)
I always thought it was strange that there was one at all (or seemed to be one), and I didn't particularly like the credibility it seemed to lend to a field that doesn't deserve it, but it makes so much more sense now to know it's just a psyop run by a bank.