factual
Economics rewards narrow methodology over big questions
The work rewarded by the Nobel Prize in economics is methodologically narrow and treats the last 100 years of capitalism as the only subject economists should study, systematically leaving aside big questions and alternative economic systems.
factualpending
Speaker
Branko MilanovicEvidence Quote
“the type of work which is being rewarded, not only this year but generally speaking, is the work, which is from a methodological point of view, and from the view of economics as science is relatively narrow.”
Created: 6/13/2026, 12:16:00 AM
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