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The Nobel Factor
The Prize in Economics, Social Democracy, and the Market Turn
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Check link for latest rating. ( 31 ratings, 6 reviews)
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Format: Paperback / softback
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The Nobel Factor
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?
This book will appeal to readers interested in economics, economic history, and the sociopolitical impact of financial institutions. It suits students, academics, and professionals seeking to understand the influence of economic awards on policy and theory.
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See moreHow the creation of the Nobel Prize in Economics changed the economics profession, Sweden, and the worldOur confidence in markets comes from economics, and our confidence in economics is underpinned by the Nobel Prize in Economics, which was first awarded in 1969. Was it a coincidence that the prize and the rise of free-market liberalism began
Book Hero Magic formatted this description to make it easier to read. While it's new and
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Description
How the creation of the Nobel Prize in Economics changed the economics profession, Sweden, and the world. Our confidence in markets comes from economics, and our confidence in economics is underpinned by the Nobel Prize in Economics, which was first awarded in 1969.
Was it a coincidence that the prize and the rise of free-market liberalism began at the same time? The Nobel Factor is the first book to describe the origins and power of the most important prize in economics. It tells how the prize, created by the Swedish central bank, emerged from a conflict between central bank orthodoxy and Sweden's social democracy.
The aim was to use the halo of the Nobel brand to influence the future of Sweden and the rest of the developed world by enhancing the bank's authority and the prestige of market-friendly economics. And the strategy has worked spectacularly—with sometimes disastrous results for societies striving to cope with the requirements of economic theory and deregulated markets.
Drawing on previously untapped archives and providing a unique analysis of the sway of prizewinners, The Nobel Factor offers an unprecedented account of the real-world consequences of economics and its greatest prize.
Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?
Praised as one of the influential economic writings of 2016, The Nobel Factor was selected for Bloomberg View's “The Writing that Shaped Economic Thinking in 2016” and featured among Canada's Financial Post Best Personal Finance and Economics Books of 2016.
Book Details
INFORMATION
ISBN: 9780691196312
Publisher: Princeton University Press
Format: Paperback / softback
Date Published: 19 November 2019
Country: United States
Imprint: Princeton University Press
Illustration: 31 b/w illus. 1 table.
Audience: General / adult, Tertiary education, Professional and scholarly
DIMENSIONS
Width: 156.0mm
Height: 235.0mm
Weight: 250g
Pages: 344
About the Author
Avner Offer is Chichele Professor Emeritus of Economic History at the University of Oxford and a fellow of All Souls College and the British Academy. Gabriel Sderberg is a researcher in the Department of Economic History at Uppsala University in Sweden.
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