What’s the Point of the Economics Nobel?
— October 9, 2019
By Mervyn King
What have we learned from half a century of these awards — and is there any point to them?
Sweden and the rest of Scandinavia certainly see a point. The celebratory banquet — each December, at the Stockholm City Hall — is broadcast on live television across the region. Where else would reality television mean listening to a commentary on the dress (white tie and tails for those identifying as male) and careers of academic superstars, not to mention the menu?
Read the full Bloomberg article.
Lord Mervyn King is the Alan Greenspan Professor of Economics and a professor of Economics and Law, a joint appointment with New York University School of Law.