Trio of professors win Nobel economics prize for work on post-colonial wealth
Trio of professors win Nobel economics prize for work on post-colonial wealth

Trio of professors win Nobel economics prize for work on post-colonial wealth

Alt title: 3 Old White Men Discover Colonialsm Bad
. . . I used to teach this to high school sophomores in World History. To whom is this news?
Economists = a giant cocaine fueled circle jerk.
...consisting of guys born to a fantastic level of wealth who all have to pretend inequality doesn't exist in any capacity what so ever in order to make any of their theories work.
*The Nobel Prize Committee
First of all, I assume it was news to them when they got it and now it's news to the rest of us.
Secondly, I'm guessing what you taught did not include the research and the mathematics necessary in order for them to get the hard evidence to prove the thing you taught to high school sophomores.
I'm picturing a math or a science teacher saying something like this and it makes me laugh.
Well no, but what I taught to high school sophomore is--believe it or not--based on the research that academics and specialists have been doing for generations. The same is true for high school science and math teachers, by the way.
Thankfully your attempt to look sophisticated allows me to reiterate my point: this has been heavily researched, documented, and explored for several generations now. It's only news to people who have had the privilege of ignoring colonialism; many of them are in positions of authority or prestige. I'd recommend taking a look at the work of Franz Fanon or Aimee Cesaire to get a sense of how far back this line of thinking and research goes. Read that and I'll pass you some more global academic research on the topic.
The Nobel Prize is awarded after a lifetime of work, not the latest news.
The 2022 Nobel Prize in physics was awarded for describing the violation of Bell inequalities. The initial experiments were performed in the 80s and the results are "not news" to many current high school physics teachers.
That is not true for the Nobel Prize in Economics, which is not one of the five official Nobel Prizes.
It's kind of nice to see formal studies on it though - it might help with aide advocacy.
I'd like that to be true but the reality is the folks in charge will self-congratulate for a moment and then move on to the next "raising awareness" du jour.