More on the economics Nobel Prize

A comment on my post reviewing The Nobel Factor by Avner Offer and Gabriel Soderberg asked if the book covers the reasons Joan Robinson was never awarded the prize. There is a passing mention: “In the list of those who were denied the prize, it is difficult not to conclude that Robinson and Galbraith were kept out for ideological reasons.” Other non-winners in contention include, among others, Will Baumol, Zvi Griliches, Albert Hirschman, Moses Abramovitz, Harold Hotelling, Anthony Atkinson, Dale Jorgensen, Partha Dasgupta, Nicholas Kaldor and – the other woman – Anna Schwartz. A mixed bunch, some still alive of course.

I also received an interesting email from Helmut Lubbers, who pointed me to this review of the book from a heterodox perspective. It is of course true that although there has been great variety among the winners, to a degree that you can’t label it 100% mainstream, neither has it rewarded heterodox economists.

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One thought on “More on the economics Nobel Prize

  1. Hotelling died only 4 years after the prize started so its not surprising he didn’t get it. Robinson, Griliches and Schwartz could be considered a bit unlucky. Was Kaldor ever really in the running? If so for what? Baumol, Atkinson, Jorgenson are still in the running. Galbraith? What planet are these guys on?! The rest I’m not sure were/are genuine contenders.

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