Saturday, October 10, 2009

Nobel prediction

The Economics Nobel Prize will be announced on Monday. Surprisingly, at its least credible moment and battered by the events of the past few months, Efficient Market Hypothesis appears to find redemption in the odds offered by Ladrokes (via Greg Mankiw), which places Eugene Fama at the top of the ladder. See also this, this, this, and this.

My pick is that one of them, Robert Shiller or William Nordhaus, will be a very worthy winner on Monday! Both choices are for reasons of topicality - financial market crisis and climate change respectively.

But given the Peace shocker, don't be surpised with something like this!

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