It's officially the "Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel," it dates from 1968 not 1900, it isn't part of the original prizes funded by Nobel, there's no evidence Nobel - given his distrust of the profit motive - would have approved, and it's funded with an endowment from Sweden's Central Bank.
There have been calls for it to be abolished.
To say some of the awards have been controversial among science and arts laureates would be a huge understatement.
At least the money doesn't come from selling armament...
> To say some of the awards have been controversial among science and arts laureates would be a huge understatement.
More controversial than Nobel Peace Prizes?
I think the economics prize was a group of people with ties to money and power trying to add weight and credence to theories that would support their continued access to money and power.
Neither is flawless but one is much more ... noble?... than the other.
> The prize in economic sciences is awarded by the Royal Swedish Academy of Sciences, Stockholm, Sweden, according to the same principles as for the Nobel Prizes that have been awarded since 1901. [0] https://www.nobelprize.org/prizes/economic-sciences/