
Nobel Economics Versus Social Democracy
Of the elites who manage modern society, only economists have a Nobel Prize, whose latest recipients, Oliver Hart and Bengt Holmström, have just been announced.
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Avner Offer is an Emeritus Professor of Economic History at the University of Oxford.

Of the elites who manage modern society, only economists have a Nobel Prize, whose latest recipients, Oliver Hart and Bengt Holmström, have just been announced.