The Nobel prize shaped American economics despite official denials
Evidence
So far we have approached the ersatz Nobel almost exclusively from the vantage point of the Swedes, but another way to gauge the significance and influence of the prize is to briefly examine its consequences from the side of its main beneficiaries, viz., the American economics orthodoxy. Lindbeck’s disavowal that the prize did not affect the subsequent direction of research can be directly refuted by looking at what happened to other economist prizes in the American context. — Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, 526
Categorization
- QUESTION: What exactly happened to other American economist prizes after the ersatz Nobel? The claim is asserted but the supporting evidence is in later paragraphs.
- XREF: connects to: The Nobel Prize initially marginalized Friedman but later legitimized the MPS school — Angus Burgin, The Great Persuasion: Reinventing Free…, 514; Nobel Foundation formally rejected any future new Nobel prizes in science — Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, 458; A Nobel selection committee member admitted MPS overrepresentation in the prize — Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, 498 (+10 more)
Broader Connections
- The ersatz Nobel Prize steered economics toward one ideological species while denying that intent
#corroborates(0.90) — Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, 478 - Nobel economics prizes to neoliberals resulted from contingency plus deliberate agenda
#expands(0.80) — Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, 499 - The economics prize displaced Europe’s indigenous economic schools with American orthodoxy
#expands(0.78) — Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, 483 - Economists’ self-denying neutrality limited their influence on popular political debate
#corroborates(0.75) — Angus Burgin, The Great Persuasion, 125 - Neoliberals held about 38-40 percent of economics Nobel prizes since 1993
#exemplifies(0.72) — Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, 494