The Nobel Factor

The Nobel Factor
Author :
Publisher : Princeton University Press
Total Pages : 344
Release :
ISBN-10 : 9780691196312
ISBN-13 : 0691196311
Rating : 4/5 (311 Downloads)

Book Synopsis The Nobel Factor by : Avner Offer

Download or read book The Nobel Factor written by Avner Offer and published by Princeton University Press. This book was released on 2019-11-19 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic theory may be speculative, but its impact is powerful and real. Since the 1970s, it has been closely associated with a sweeping change around the world--the "market turn." This is what Avner Offer and Gabriel Soderberg call the rise of market liberalism, a movement that, seeking to replace social democracy, holds up buying and selling as the norm for human relations and society. Our confidence in markets comes from economics, and our confidence in economics is underpinned by the Nobel Prize in Economics, which was first awarded in 1969. Was it a coincidence that the market turn and the prize began at the same time? The Nobel Factor, the first book to describe the origins and power of the most important prize in economics, explores this and related questions by examining the history of the prize, the history of economics since the prize began, and the simultaneous struggle between market liberals and social democrats in Sweden, Europe, and the United States. The Nobel Factor tells how the prize, created by the Swedish central bank, emerged from a conflict between central bank orthodoxy and social democracy. The aim was to use the halo of the Nobel brand to enhance central bank authority and the prestige of market-friendly economics, in order to influence the future of Sweden and the rest of the developed world. And this strategy has worked, with sometimes disastrous results for societies striving to cope with the requirements of economic theory and deregulated markets


The Nobel Factor Related Books

The Nobel Factor
Language: en
Pages: 344
Authors: Avner Offer
Categories: Business & Economics
Type: BOOK - Published: 2019-11-19 - Publisher: Princeton University Press

GET EBOOK

Economic theory may be speculative, but its impact is powerful and real. Since the 1970s, it has been closely associated with a sweeping change around the world
The Nobel Factor
Language: en
Pages: 344
Authors: Avner Offer
Categories: Business & Economics
Type: BOOK - Published: 2016-10-04 - Publisher: Princeton University Press

GET EBOOK

8. Models into Policy: Assar Lindbeck and Swedish Social Democracy -- 9. Swedosclerosis or Pseudosclerosis? Sweden in the 1980s -- 10. The Real Crisis: Not Work
The Nobel Factor
Language: en
Pages: 345
Authors: Avner Offer
Categories: Business & Economics
Type: BOOK - Published: 2016-10-03 - Publisher: Princeton University Press

GET EBOOK

How the creation of the Nobel Prize in Economics changed the economics profession, Sweden, and the world Economic theory may be speculative, but its impact is p
Factor Four
Language: en
Pages: 353
Authors: Ernst U.von Weizsacker
Categories: Business & Economics
Type: BOOK - Published: 2013-10-11 - Publisher: Routledge

GET EBOOK

Since the industrial revolution, progress has meant an increase in labour productivity. Factor Four describes a new form of progress, resource productivity, a f
The Sex Factor
Language: en
Pages: 238
Authors: Victoria Bateman
Categories: Political Science
Type: BOOK - Published: 2019-07-01 - Publisher: John Wiley & Sons

GET EBOOK

Why did the West become so rich? Why is inequality rising? How ‘free’ should markets be? And what does sex have to do with it? In this passionate and skilfu