From Conversations with Casey:
...the granting of a Nobel Prize in economics is as meaningless and arbitrary as the granting of the Nobel Peace Prize, which is really just a prize in political correctness and whatever appeals to the mob at the moment.
These things are all very arbitrary. They have had excellent economists, and they have had anti-economists nominated for the Nobel Prize in Economics.
It’s as meaningless an award as the Peace Prize - which has been given to criminal personalities like Kissinger and Arafat, and buffoons like Al Gore.
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