Central banks are Schrödinger institutions, both described as banks to link them to actual private banks when it suits one's argument, and also to the government agency (that they are) when it suits one's argument.
This makes me wonder:
- would there be less backlash against the econ prize had it been funded by another government agency with "bank" in its name?
- would there be less backlash if econ was like math, with no Nobel prize but a "top prize for the discipline" instead (the John Bates medal for econ, the Fields medal for math)?
duxut_staglatz|6 years ago
This makes me wonder: - would there be less backlash against the econ prize had it been funded by another government agency with "bank" in its name? - would there be less backlash if econ was like math, with no Nobel prize but a "top prize for the discipline" instead (the John Bates medal for econ, the Fields medal for math)?