{"id":45665,"date":"2019-07-28T09:28:27","date_gmt":"2019-07-28T08:28:27","guid":{"rendered":"https:\/\/www.taxresearch.org.uk\/Blog\/?p=45665"},"modified":"2019-07-28T09:28:27","modified_gmt":"2019-07-28T08:28:27","slug":"when-the-nobel-prize-gets-it-wrong","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2019\/07\/28\/when-the-nobel-prize-gets-it-wrong\/","title":{"rendered":"When the Nobel prize gets it wrong"},"content":{"rendered":"

Steve Keen wrote an excellent article<\/a> in The Mint recently. It began with these paragraphs:<\/p>\n

One of the provisions of the Nobel Prize is that once awarded, it can never be revoked. This has led to some embarrassing gaffes with perhaps the worst to date being the award of the Nobel Prize for Chemistry in 1918. That went to Fritz Haber, who, as well as inventing what became an essential process in the manufacturing of fertilizer, had personally \u201csupervised the first major chlorine gas attack at Ypres, Belgium, in 1915, which killed thousands of Allied troops,\u201d (Karl Ritter, 2016\u00a0Five decisions that made the Nobel Prizes look bad<\/em><\/a>).<\/p>\n

Writing for news agency AFP in 2015, journalist, Hugues Honore, reported a comment from Swedish chemist, Inger Ingmanson, who wrote a book about Haber\u2019s prize: \u201cAfter Germany\u2019s defeat in the war, he didn\u2019t expect to win a prize. He was more afraid of a court martial.\u201d<\/p>\n

So William Nordhaus\u2019s Nobel Prize in Economics\u201cfor integrating climate change into long-run macroeconomic analysis\u201d is safe. But the world isn\u2019t. When future generations look back to try to determine why humanity delayed taking action against climate change for so long,\u00a0Nordhaus\u2019s Dynamic Integrated model of Climate and the Economy (<\/u>DICE) model\u00a0<\/a>will be regarded as one of the prime suspects.<\/p><\/blockquote>\n

I recommend the rest.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Steve Keen wrote an excellent article in The Mint recently. It began with these paragraphs: One of the provisions of the Nobel Prize is that
 Read the full article…<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[],"class_list":["post-45665","post","type-post","status-publish","format-standard","hentry","category-economics"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/45665","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=45665"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/45665\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=45665"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=45665"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=45665"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}