Excuse me if I my mouth is agape. Not for the award, but for the mainstream theories that seem like such nonsense when viewed from an outside observer. I have often sited the accounting standards as having a very strong impact on corporations compensation practices. As tax rates do. We now have platforms and behavior design impacting billions of people or anyone with a smart or even feature phone. Economics seems hopelessly behind, at least in this country. Seriously, how about a Moron Prize for keeping Voodoo economics going despite all evidence and Galbraith’s lable: Innocent Fraud. The Nobel in economics rewards a pioneer of “nudges”

The Nobel in economics rewards a pioneer of “nudges”
Richard Thaler becomes one of very few behavioural economists to receive the discipline’s highest honour
More info @ https://buff.ly/2y6eHL3
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October 10, 2017 at 03:37AM

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