The Nobel Prize in Economics: Origins and Controversies

Explore the establishment and debate surrounding the Nobel Prize in Economics, from its creation by the Swedish Central Bank in 1968 to the resistance faced by the Nobel family and institution in recognizing economics as a legitimate field for the prestigious award. Delve into the unique election process, controversies, and the broad interpretation of economic sciences, comparing its significance to other Nobel Prizes and touching on its impact on various aspects of society.