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The Nobel Factor: The Prize in Economics, Social Democracy, and the Market Turn - Couverture souple

Offer, Avner; Söderberg, Gabriel

 
9780691196312: The Nobel Factor: The Prize in Economics, Social Democracy, and the Market Turn
Couverture souple
ISBN 10 : 0691196311 ISBN 13 : 9780691196312
Editeur : Princeton University Press, 2019

Synopsis

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.

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À propos de l'auteur

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 Söderberg is a researcher in the Department of Economic History at Uppsala University in Sweden.

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Éditeur
Princeton University Press
Date d'édition
2019
Langue
anglais
ISBN 10 
0691196311
ISBN 13 
9780691196312
Reliure
Broché
Nombre de pages
344
Coordonnées du fabricant
Princeton University Press
https://press.princeton.edu/books

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