Central Banking

Should financial economists still get Nobels?

Pablo Triana, a derivatives consultant and author, has written to the Swedish central bank, asking them to stop awarding Nobel prizes in economics to "flawed, unworldly, and dangerous theoretical finance constructs."

Triana, who is the author of Lecturing Birds On Flying: How Financial Practice Differs from Theory, a book on the flaws of theoretical finance to be published in June 2009, argues in the letter that the "main factor behind the unleashing of the crisis was the widespread use of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: