Book notes: The Nobel Factor, by Avner Offer and Gabriel Söderberg

The Nobel Factor: The Prize in Economics, Social Democracy and the Market Turn

Avner Offer and Gabriel Söderberg, The Nobel Factor: The Prize in Economics, Social Democracy and the Market Turn, Princeton University Press, 2016, 344 pages

As the subtitle indicates, this book covers a lot of ground. It is not merely about the Nobel Prize in Economic Sciences, but also about the conflict between economics as taught in universities and social democratic policies. Central bankers also come in for criticism, since the authors believe their preoccupation with ‘sound money’ hinde