Things change. For all intents and purposes, this is a nobel prize in economics, given that the winners are referred to as Nobel laureates by the Nobel committee.
If anything, I think we put a bit too much weight in these awards in general which leads to silly articles like this one.
This shouldn't necessarily be taken as support for the economic research selected for prizes as much as a response to attacking the prize on the basis of it being in economics.
The 'Economics isn't science' defence doesn't hold when you've got 'literature' and 'peace' prizes.
It was not established by Mr. Nobel, the name was taken. The family does not acknowledge it. To me this is disrespectful to the man who set up the prize in his name.
In my opinion pedantry for its own sake is a hallmark of reddit and it kind of chaps my ass that it seems to be cropping up more here.
That is a very different impact than the majority of the other awards.
(edited typos)
http://www.alternet.org/economy/there-no-nobel-prize-economi...