Comment by huitzitziltzin

I’d love an estimate from you (or anyone) about the marginal effect on the profession’s “care” (which is what? and how’s it measured?) from having the prize include Nobel’s name vs. not including it.

Since you stand by your statement so strongly, you should have it already, correct?

Really we don’t care.

My point was speak for yourself, the history does not suggest you are correct. Evidence economists do care[1][2][3]. Economics was still a relatively newer niche discipline[4].

[1] https://developingeconomics.org/2024/10/22/the-nobel-illusio...

[2] https://ideas.repec.org/b/pup/pbooks/10841.html

[3] https://www.theatlantic.com/ideas/archive/2024/10/nobel-priz...

[4] https://cooperative-individualism.org/parrish-john_rise-of-e...

You care so little you spent time to claim you don't care twice in a row.

> I’d love an estimate from you (or anyone) about the marginal effect on the profession’s “legitimacy” (which is what? and how’s it measured?) from having the prize include Nobel’s name vs. not including it.

I don't have an estimate for that, but we have an estimate on how much money the Sverige Riskbank bankers were ready to spend in that effort. Maybe it didn't pan out but some people definitely had a multimillion dollar interest in making that happen. As an economist you must wonder what their incentives could have been …