. . .
K “An award acknowledging and celebrating the work of someone on the planet who really knows something about eco-nomics. Eco-nomics is about making and sharing; e-con-omics is about taking and stealing.”
J “The Noble Prize in Eco-nomics is a delightful and playful replacement for the discredited and misnamed ‘Nobel’ Prize in Voodoo E-con-omics. You get what you reward. You need to reward what you want to get. Who gets it this year?”
K “The recipient of the eleventh annual Noble Prize In Eco-nomics is . . . Steve Keen. The plaque proclaims in part: ‘Steve Keen’s work challenges the assumptions at the heart of mainstream economics, particularly the treatment of debt, banking, financial instability, and economic crises. His central contribution is to insist that one cannot understand a modern capitalist economy without taking private debt, the banking system, and the financial sector seriously as forces that shape the real economy. His work is especially compelling because he tries to advance an alternative framework, rather than simply criticizing the prevailing orthodoxy. He is inspired by post-Keynesian economics, Hyman Minsky’s financial instability hypothesis, and the work of economists such as Irving Fisher and Joseph Schumpeter to explain how apparently prosperous economies can generate the conditions for their own crises.’”
J “Solid choice.”
. . .
[See the e-commentary at Tenth Annual Noble Prize In Eco-nomics (October 13, 2025), Ninth Annual Noble Prize In Eco-nomics (October 14, 2024), Eighth Annual Noble Prize In Eco-nomics (October 16, 2023), Seventh Annual Noble Prize In Eco-nomics (October 10, 2022), Sixth Annual Noble Prize In Eco-nomics (October 11, 2021), Fifth Annual Noble Prize In Eco-nomics (October 12, 2020), Fourth Annual Noble Prize In Eco-nomics (October 14, 2019), Third Annual Noble Prize In Eco-nomics (October 8, 2018), Second Annual Noble Prize In Eco-nomics (October 9, 2017), First Annual Noble Prize In Eco-nomics (October 10, 2016), Announcing The First Annual Noble Prize In Eco-nomics (May 2, 2016), Award Deadlines (Livelines?) (July 25, 2016), From e-con-omics to eco-nomics? (August 1, 2011) and Skip the Nobel in Economics (October 6, 2009).]
Bumper Stickers of the Week:
Make Eco-nomics Great Again (MEGA).
Oh, And Happy Indigenous Peoples’ Day / Columbus Day!
