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 Milanovic

Evidence 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.

Source

Branko Milanovic on the Big Questions of EconomicsEconTalk
Created: 6/13/2026, 12:16:00 AM

My Notes

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