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  • The Laureates Do Not Deserve

    2009年10月13日

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    The Laureates Do Not Deserve

     

    Elinor Ostrom? Who cares? The only thing I know is that I live in the Ostrom Ave. The Nobel Prize Committee in Stockholm shocked the academic community by awarding the Nobel Prize of Economic Science to two researchers for their achievements in “economic governance”, Elior Ostrom and Oliver E. Williamson respectively, whom are alleged new-institutional economists. I think this is the biggest joke ever since the Nobel Prize of Economics has been awarded after 1969. From the curriculum vitae of Elinor Ostrom, we can find that she never ever has any pieces of rigorous academic economic paper in any even second tire journals. This lucky lady was the President of American Political Social Science, and she is the first female scholar to win the most prestigious academic award in Political Science, obviously, also the first female to win the Nobel Prize of Economics. I am not curious about the research she did, which is not my field. The only thing I am curious about is how dare the Committee in Stockholm can humiliate the whole economic community by awarding the Nobel Prize of Economics to a scholar whom is out of the range of and highly uncorrelated with economics with their own tests and biased prejudice. Last year they also awarded the laurel to Mr. Paul Krugman, who is exhausting himself in his role as a columnist but not as a rigorous researcher. However, I think Mr. Paul Krugman begot less doubts than Elinor Ostrom will be this year. No matter how Mr. Paul Krugman abuses the reputation of this laurel endows him by writing miscellaneous articles in New York Time to scold how wrong the economists are, personally I think Mr. Krugman still deserve the laurel for his achievements in his early years when he was indeed hard working. What a damn this year!!!

    There is nothing too much to say about the remaining laureate, Mr. Oliver E. Williamson. If I am not wrong, this is the third time to award the Noble Prize of Economics to so-called “institutional economist”. Mr. Williamson is a familiar economist to the Chinese students who ever learned economics, who is a brilliant researcher in law and economics. He used to be popular and will be popular in China again. Everything old is new now. I still can remember how Prof. He Zili in Nankai University (何自力) boasted to us how Williamson taught the transaction cost when Prof He was a visiting scholar in UC Berkeley. I think now Prof. He will have more to boast. Tomorrow there will be bunches of bloggers and commenter write trash articles to show the public how brilliant Mr. Williamson is and how in-depth they understand Mr. Williamson. Mr. Williamson will have various one-side confidants in China in the future days.

    Indeed, economics have some crisis that the economists that have not solved yet. But I think it is not the point for the Committee in Stockholm stands out to point out what we should do by awarding the Nobel Prize of Economics with their own self-reliance to some person who is even uncorrelated with economics. Otherwise, the Prize itself will lose credits and no one in the academic community will treat it seriously and rigorously. The Committee should respect the economists who are really working hard and make plentiful and substantial progresses in the exploring of economic science. It sounds like the Nobel Prizes of this year are all black jokes with the beginning to award the Nobel Prize of Peace to President Obama. Why not King Jong-Il, if he agrees to negotiate?

    Just kind of personal complaints and compliments. Mr. Krugman has a column in New York Time today to complain the enduring power of bad economic ideas with comparing the crisis nowadays and the Great Depression. I think it is an interesting article to read. Keep on going and hard working. You will deserve it.

     

     


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    芃芃 发表于01时03分51秒 | 编辑 | 继续话题 | 转发 | 分享　0