Re:‘Housing in ‘07 wasn’t a bubble” is a true statement that...
by macmuras on Friday April 08, 2022 @04:55AM
(#30954815)
It is an interesting detail, but I guess taht most most people will still refer to it colloquially as Nobel prize.
I think that point about the nature of the price doesn't diminish the point that was being made. As much as it is a call to authority, weight of opinion of someone rewarded with that price is bigger than random voice on the internet.
That being said I think this thread starting with unsubstantiated criticism of Paul Krugman ideas/opinions is not constructive and rather useless.
Anyway, even the Nobel Foundation explicitly says it isn't a Nobel Prize:
> Not a Nobel Prize
> The prize in economic sciences is not a Nobel Prize.
https://www.nobelprize.org/nomination/economic-sciences/