Peace and literature are usually political garbage but they are Nobel Prizes: Physics, Chemistry, Medicine, Literature, and Peace.

The "Economics Prize" is literally fake. The real name is the "Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel." It was created by Sweden's central bank in 1968, 67 years after the first awards.. It is not a Nobel Prize but it is "administered by the Nobel Foundation." The prize is funded by the bank, not the Nobel Foundation like the five Nobel Prizes.

Not only is it a central bank wearing Alfred Nobel's legacy as a skinsuit. Some of his descendants are on record requesting the the Economic Prize be "differentiated" from the real Prizes. But the press goes ahead and calls it the "Nobel Prize in Economics" anyway most of the time or words it as carefully as they can to make it ambiguous: "The Nobel in Peace went to ABC and the prize in Economics went to XYZ."

Peace and literature are usually political garbage but they are Nobel Prizes: Physics, Chemistry, Medicine, Literature, and Peace.

The "Economics Prize" is literally fake. The real name is the "Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel." It was created by Sweden's central bank in 1968, 67 years after the first awards.. It is not a Nobel Prize but it is "administered by the Nobel Foundation." The prize is funded by the bank, not the Nobel Foundation like the five Nobel Prizes.

Not only is it a central bank wearing Alfred Nobel's legacy as a skinsuit. Some of his descendants are on record requesting the the Economic Prize be "differentiated" from the real Prizes. But the press goes ahead and calls it the "Nobel Prize in Economics" anyway most of the time.