No True Nobel Prize in Economics

Although few realize it, the so-called "Nobel Prize in Economics."  The creation of the Central Bank of Sweden, it is really the “Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel.”  The Nobel family, not to mention real scientists, are appalled that it is given the same billing.  From There Is No Nobel Prize in Economics:

Members of the Nobel family are among the harshest, most persistent critics of the economics prize, and members of the family have repeatedly called for the prize to be abolished or renamed. In 2001, on the 100th anniversery of the Nobel Prizes, four family members published a letter in the Swedish paper Svenska Dagbladet, arguing that the economics prize degrades and cheapens the real Nobel Prizes. They aren’t the only ones.

Scientists never had much respect for the new economic Nobel prize. In fact, a scientist who headed Nixon’s Science Advisory Committee in 1969, was shocked to learn that economists were even allowed on stage to accept their award with the real Nobel laureates. He was incredulous: “You mean they sat on the platform with you?”

That hatred continues to simmer below the surface, and periodically breaks through and makes itself known. Most recently, in 2004, three prominent Swedish scientists and members of the Nobel committee published an open letter in a Swedish newspaper savaging the fraudulent “scientific” credentials of the Swedish Central Bank Prize in Economics. “The economics prize diminishes the value of the other Nobel prizes. If the prize is to be kept, it must be broadened in scope and be disassociated with Nobel,” they wrote in the letter, arguing that achievements of most of the economists who win the prize are so abstract and disconnected from the real world as to utterly meaningless.

Why the animosity?  Because economics is not a real science.  It is an ideology that means nothing as to the fundamental structure of the universe.  As such, economics does not deserve accolades, only scorn.  So the next time you hear someone mentioned as a "Nobel Prize Winner in Economics" you'll know it is a lie, just like their so-call "science."

Real Tragedies

And the worst part about it is that you can't even feel that bad for me, because the Pity Jar of this nation is basically empty; its remaining crumbs reserved for families of five who lost it all when their mortgage imploded, hospital patients who can't pay to keep themselves breathing and the people who've been without power for weeks, or lost their house in a tornado, or are watching their entire livelihood wither under the sun. These are the types of poor souls that get worried about. Those of us lucky enough to have created our own misfortune by allowing our helicopter parents to get under our skin and pump us full of dreams, pursuing misguided MFAs and resisting minimum-wage labor – get out of the way and make room for the real tragedies.

-  "Job interviews are fun"
Unemployment Stories Vol 13

Truth

For the deluded, truth is not reality.

Election Year Propaganda Links

Every four years I've noted this theme is taken up by some, probably because the constant election year drone of propaganda stimulates the discussion.

Why are Americans so easy to manipulate?  Ring the bell and they start to drool.

Manipulated America: One Theory of How They Control US.  Control is accepted by legitimacy. The author could benefit by learning about 4GW Theory.

Romney's Rise in Polls vs. Electoral College Map.  Not specifically about propaganda, but it shows how the expectations of entertainment influences votes. We elect the jesters.  The electoral college does mitigate this tendency a little bit.  For example the republicans can pick up 100K votes in Texas, but it does not change anything, because they were going to win Texas anyway.

Craving for Power

Craving for power is a sign of a damaged ego.

Ambition

Ambition is a sign of too much spare time.