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View Diary: Book Review: Naomi Klein's "The Shock Doctrine" (208 comments)

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  •  I don't think the Nobel people help.... (1+ / 0-)
    Recommended by:
    al Fubar

    ....by continuing to give them Nobel Prizes in economics.

    It only encourages them.

    •  Economics has become ... (1+ / 0-)
      Recommended by:
      ebohlman

      An abstract branch of math, like game theory, that happens to have some applicability to the real world. It has kind of lost track of being an empirical study of actual human economic relations.

      The best fortress is to be found in the love of the people - Niccolo Machiavelli

      by al Fubar on Sun Oct 14, 2007 at 06:51:13 PM PDT

      [ Parent ]

    •  Just so you know (0+ / 0-)

      "Novel prize in economics" is a bit of a scam.  It's different from the "nobel peace prize" and

      The Econmoics one is run by the Bank of Sweden and there are some conspiracy theories about it since so many Chicago-ists kept winning economics prizes from it, that they had to reform their selection policy.  With that reformed policy, Joseph Stiglitz won the Economics prize which basically refuted their 'magical thinking' of the free market.

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