Re:Nobel Prize in Economic Sciences 2013: Trendspotting in a...
by pathy on Monday October 14, 2013 @09:01AM
(#6546943)
>This is a prize given by the Central Bank of Sweden, not really an unbiased source.
It is indeed sponsored by Riksbanken but the ones who actually choose the 'winners' are The Royal Swedish Academy of Sciences.
>They have a clear agenda to propagate, and it is more about how to get more money for them for central planning than about economy.
Everyone has an agenda. And I don't think you understand how the Swedish Central Bank operates. Central planning has nothing to do about it. Last I checked their primary task was to maintain the inflation at ~2%.
It is indeed sponsored by Riksbanken but the ones who actually choose the 'winners' are The Royal Swedish Academy of Sciences.
>They have a clear agenda to propagate, and it is more about how to get more money for them for central planning than about economy.
Everyone has an agenda. And I don't think you understand how the Swedish Central Bank operates. Central planning has nothing to do about it. Last I checked their primary task was to maintain the inflation at ~2%.